These loans are not allowed in non-owner occupied scenarios. 

I found out within about 20 minutes that the PM was telling him it was only 50% occupied while it was actually full.

Network with local investors, understand local laws, and consider owner-occupied financing options.

You can only occupy your STR 14 days per year and not more than 10% of the actual rental days by tenants.

@Eli Kantor The complex I still follow having invested and owner occupied is over 30 years old and has 340 units.

Mind you, it was a rental sometimes, but it was still my owner-occupied house technically on paper.I qualified for an SBA disaster loan covering almost all of my damage.

@Madelyn Felix we used to use ShowingHero, but moved on from them to ShowMojo, due to ShowMojo offering keypads in addition to lockboxes.We've pretty much flipped to keypads as too many keys go missing from lockboxes or get locked inside the home.While ShowMojo offers a service for tenants to use their keypads after movein, we remove the keypads when a home is rented and transfer to next vacant property.PRO TIP: only use keyed deadbolts for occupied rentals! 

But if you've got one or more day zero tenants to occupy all or part of the space, that could blunt the unknown in a big way.

JamesYou do not state if this is for a rental or owner occupied.    

Tenant estoppel letters should be used in the sale or purchase of any tenant-occupied real estate, whether residential or commercial.