I cater more to occupied because I like to modify or reinstate these loans which is much easier to do if the occupants are still in the houseAnother thing to consider would be the statute of limitations.

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There is also a high correlation of unaccounted costs, "missing" expenses and other shenanigans (a tenant gets cheap rent to be the de-factor PM) that do not appear on the owner P&L. 

The comingling of funds makes it much easier to pierce the protection of the LLC.

If you believe the tenant is doing the first thing (tampering with the panel/meter), that's a serious fire and safety hazard and you should immediately go inspect the panel and meter at your property to make sure neither appear tampered with. 

Wouldn't it be easier for you to just comment on commercial threads, if you don't like residential?

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Since my fiancé is not on this mortgage, could she purchase a piece of property and utilize the easier lending for a first time home buyer?

It is far easier to inforce than trying to prevent tenants with pets from bring in more. 

@AJ Singh, putting more money into the down payment might appear to increase the cash flow, but it’s really only me getting my own money back monthly.