Make sure you do only non-owner occupied to avoid HOEPA.

hey guys, I wanted to see if someone who has been around the block  can offer some insight.I have been house hacking my rental for the past 4 years but have recently moved out and am legitimizing it working with a prop manager and such.one thing that has crossed my mind is when I switch my house insurance from owner occupied to rental, they will be performing an inspection and im a little bit anxious of my roof.My shingles and ply boards were changed not too long ago however the joists are warped due to the house being a 1920s.

I live out of state and she has been managing my 3 investments for several years. Even when they are fully rented, I rarely show any positive cash flow, rather I just stay afloat after mortgages are paid! I feel like ...

One of the problems is that the HOA only allows so many non-owner occupied units there, and that allowance is always maxed out.

Land that is zoned residential or can be a home site will fall under Dodd-Frank, it's a consumer loan and you don't occupy the property.

The only unit that would fit my family was occupied.

If nothing's on fire, I would let the rents and values come up and / or occupy it as my primary as @Mark Ainley points out and give yourself some more options.  

Ok , so I'm buying  a fully occupied duplex with a va loan , and I know I have to occupy for this to go thru,with the tenanIts  in place will there leases need to be honored?  

@Issa RicePrivate lenders are people you personally know: friends and family and it's whatever you two come in agreement regarding the down payment.If you're short on the down payment, look into an FHA loan which is 3.5% down, as long as you'll occupy the place.  

Many lenders will not finance condos unless certain criteria are met (like a certain % of complex must be owner occupied, etc.).