You would want to look for an owner that has a loan through a bank or credit union or one that has no mortgage. 

The previous owner started to repair it.Looks a little rough, but we’ll get her all fixed up.

In many cases, it weakens the lender's position as they did not underwrite the buyer and an owner-occupant tends to pay better than non-owner-occupants.

I'm an Asheville STR owner and a broker on the Cashiers/Highlands Plateau.

But if you have an owner-occupied policy while not actually living there, then you don't have the right insurance and may not be covered.

The 4% and 6% rates are just the names given to differentiate commercial and owner-occupied.The 6% rate is obviously significantly high, but it's fairly average nationally.

Ask to speak with some of their current owners and current/former tenants.

Will rent for 1750/month.Capex items needed soon: roof, water heater, furnaceArea: A area, appreciation is at about 5% a year but average home price is ~$500K so this home will appreciate faster, this will have multiple offers on itDeal #2 - mixed use, small office with a 3 bedroom and a 1 bedroom over it.Ask: 325KCurrently fully rented on one year leases, bringing in 4775/month but only one tenant pays their own utilities plus owner is responsible for snow removal and landscaping. 

Conventional loan, 20% down non-owner occupied.

Yes, long-term rental clients sometimes don't want short-term rental next door to them, but you are the owner and landlord and set those expectations up front so it's on the table before they lease.