They just won't look after it like an adult will. 

Sounds like your agent FILED the claim and didn't advise you on what to do.Of course you can talk to your agent, with general questions.My agent has 30 years of experience doing thousands of investor's policies.

I have begun to look for a new primary for myself but have decided that if possible, I would like to build rather than buy. 

Seems like you may have some overlap.

Hi Collin,After managing hundreds of properties, I always keep an eye on short-term rental trends, especially in key markets like the Smokies.

•Look at Rental Absorption Rates:•How many homes like yours were leased in the last 3-6 months?

. :) It sounds like you are looking for a specific investment opportunity? 

Yes, there are exceptions for significant life events (job change), but each individual must meet the FHA loan qualifications on their own, and the second loan must be for a valid reason, like a job relocation or other extenuating circumstances.

Just to clarify your water usage hasn't likely gone up 20%, but rather the amount tracked amount they are billing you for. 

It depends on your financial strength, the quality of the property, how many properties you own, etc.I like to start with one significant expense and three months of vacancy.