My intentions is to have the advantage of the FHA loan while I will be owner occupying.

The intention of the post isn't to pit wholesalers against investors.

Hey all, I'm starting out in San diego so obviously properties cost a lot more than average.. i don't really have money for a down payment and I'm not really interested in flipping houses, my main interest is rental properties.. if I can put together a deal to flip I will, but as stated it's not my intention. 

It sounds like you set yourself up a sweet situation with the house hack you got going on and you knew what your intentions were for the property. 

It's best to assume positive intent and engage them as at face value.Yes, they might "learn how you operate" but what can they really take from one email or two?

The critical issue is your intent to hold for rental, investment or business use. 

That is my intention. 

As such, with the intent of selling lots/land, etc for small increments of money you will still want to use a Mortgage securing the Promissory Note.  

Notwithstanding the type of investor who is looking to rip you off (which it sounds like you're not concerned about), even the best intentioned new investor can over-estimate his abilities and the completeness of a job.  

Try a letter of intent that outlines 3 ways you would be willing to buy, maybe.