@Adam SharpI would let them know that they hold a contract (called a lease agreement) that says they have the right to occupy that space until the specified date.

Is it possible to refinance an FHA 203k loan into another owner-occupied conventional loan to get a higher LTV?

Should I try to sell it occupied or vacant?

If you are looking at $392 cashflow with 25% down as investment on a quad, what would cashflow look like after you vacate with a 10% owner occupied down payment? 

Learn the ends and outs of the program.Then go shopping.Sometimes these are better for owner/occupied, then turning them into rentals. 

Hey Kris,The max cash out on a Conventional Non-Owner Occupied 1 Unit is 75% LTV that pretty much any lender should be able to take down for you.

Hopefully after a few years, from all the savings, cash flow, and depreciation you'll start having higher down-payments and start building your portofolio both ways: as owner-occupied and investor and accumulate properties faster!

Would an out of state conventional-loan home purchase DISQUALIFY us from purchasing our first owner-occupied SFR for ourselves with an FHA loan (probably around 10% down) when the time comes?

If your grandfather occupied it and you can show he paid taxes for 10 years, there is probably a good case here.

I bought my 1st duplex that I'm currently still occupied for 12000 down 3.5 % FHA I live in North Idaho Prices were cheap but the market blew up just recently , Which helped Me get even more for rent...