Second, if the current occupant (who is living there WITHOUT A FUNCTIONING BATHROOM) is not out before the closing, you'll have a nightmare of an eviction on your hands. 

I’m sure Lakeview would drive a heavier premium and maintain the same occupancy.

I strongly recommend getting updated quotes on the complex with your info, current occupancy & updates. 

I would love to connect and pick your brain about how the occupancy rate is in the off season and if you've had any trouble making a profit with the high strata fees on these units. 

That's just pure laziness to me.Than after contacting you wanting to sell, they want full retail value for their property of what it will be worth once you do full rehab, and get the occupancy, and rental rates to where they should be.  

You can purchase a single family home and put only 5% down every year until you have 10 conventional mortgages.I have found this to be the quickest way to grow a real estate portfolio without coming up with 25% down for a 2-4 unit investment occupancy loan.

@Anthony GaydenYes, apparently can be non-owner occupant investments also; from what my lender told me.He mentioned that as long as the purchase was solely from my own cash (including HELOC; can't be investor cash or a gift, etc) that I could refinance for up to 75% of the purchase price.Unsure if I had heard that the same on the podcast - it sounded as though she mentioned refinancing for 75% of the appraised value - different from what my lender told me.

Sanchez yes if you are not an owner occupant you will not be able to use the FHA loan. 

Does anyone have any strategies, insight, or advice  for someone with my dilemma or any suggestions for someone who would like to start investing as an owner occupant of a condo? 

@Edward Debbs do you have photos and or video prior to him taking occupancy 4 years ago?