Qualify all student applicants AND THEIR PARENTS OR GUARDIANS before renting. 

Investment Info:Single-family residence other investment.

Or do the lenders require that I establish primary residence first, before getting an fha or a fannie mae loan for a primary? 

I understand this is not an easy task as the price in those areas are increasing, but we're trying our best to keep the maximum budget at $500K for the primary residence.- We have started the pre-approval process with a lender and have a realtor we're working with to purchase the houseInvestment Strategy:- Aim to maximize cash flow while seeking appreciation.- Ideal cash flow target is $2K+ per month.- Planning to allocate the remaining $250K towards purchasing two properties in the Midwest market (e.g., Cleveland, Columbus, Indianapolis, Kansas City and open to exploring new areas where the entry point is affordable but the cash flow is stable).- Seeking properties that can generate $2K+ a month in combined rent after factoring in property management, insurance, and property tax expenses.Seeking Advice:- Would purchasing two houses in the Midwest to achieve $2K+ cash flow per month be a sound strategy, or do you recommend alternative approaches?

Ideally, they could request a rent increase and the tenant could qualify for 100% assistance going forward. 

Major employers are flocking to these markets, bringing new residents and renters.

With the exception of a primary residence.

As a former employee at Intel, former resident of Hillsboro I agree this positions investors uniquely to benefit from this. 

The LOI indicates your serious interest as a motivated buyer, streamlining the process by focusing the broker's attention on qualified parties.

I don't have a real estate portfolio yet other than my personal residence.