It could easily have been 2-3 times as much with just slightly different circumstances.

Someone came to one of my meetups really wanted to invest, we developed a relationship and due to overseas funding circumstances, I found a great way to invest while living abroad.

Though I would love to close on an unoccupied property, in this circumstance I would like to keep the current tenants happy (I don't know...

That isn't to say you cannot buy another property, you just cannot buy another owner occupied property, without extenuating circumstances (such as orders, a medical emergency, an unexpected job change, etc.)How you do this: save up your 20% down payment and buy an investment property with a conventional mortgage.

@Jamie Lee EangWhile the pre-approval letter will say that its good for 30 to 60 days, its really good "forever," as long as your circumstances don't change. 

Circumstances could be different in your area, make sure to contact a title company, lawyer, notary, and do your due diligence!

Your exact circumstance is vague for anybody to make a logical decision to tell you exactly what you need to do.

Of course, your facts and circumstances will apply.

Personally, it would depend on the circumstance and their occupation.

The court determined that the circumstances implicated an exclusion that precluded coverage for loss that arose out of the theft or misappropriation of funds.