Dang I like that.  

. -- then you are toast, which is probably just as well.

@Elias RamirezMail a letter to the property as well - must be getting forwardedBut as mentioned tax bills are being sent somewhere.

I'm going to reach out to the broker but don't want to sound too much like the noob I am so I'm curious that since these are being sold together, will I have to look at two separate loans/closing cost or is there a way to do a package loan?

Guys like @Russell Brazil can advise.

If you are renting the property long term, Id like to know how you would set aside money for repairs to the house and pay for a lawyer if you had to evict a tenant.

They want 1% origination points plus a bunch of other usual fees like title work.

I'm curious about what the experience is like, especially for first-time buyers.

If you have the means to get a loan and house hack in your current situation, I'd think living in a college town and knowing that town and area well would give you a strategic advantage.  

Of course we will ask these questions to our CPA as well, but would really love any feedback.