HI Guenevere, You can acquire your a primary residence from up to 1-4 units for as low as 5% with conventional or 3.5% FHA with a few exceptions.

That feature is bundled in a Resident Benefits Package I have as an addon through Second Nature. 

Investment Info:Single-family residence fix & flip investment.

To improve your business going forward, it is important that you recognize how you created the problem.There are a portion of residents that if you give them an inch, they will take mile. 

Another lesson I’ve learned is that buying a single family home as my primary residence to later lease to a tenant is a bad strategy unless I’m purchasing the property at a really low price.

Do I have to be a resident in the state im buying in? 

If you've personally seen the applications and trust what they're doing on the front end to screen these residents it seems like this is an anomaly, at least for the 38128 property.

Was previously purchased with a Builder to erect a SFR residence on.

The residents are severly underpaid.

I'm excited for the opportunity to be apart of the community with BP, I reside in the state of Virginia and started my investment journey many years ago at 22 doing fix and flips, I stopped when the market crashed in 2007/2008 and didn't like the way the market looked and I left the investing world, I became a mortgage loan officer, and then processor and later underwriter and learned the backend of the conventional lending world.