There is a market for them, in a lot of areas.In our area, when we do market analyses on properties, two houses with the same number of square feet, the one with more bedrooms is normally counted as more valuable than the one with fewer bedrooms.I'm sure there are other perspectives that would go the other way, so mine is just one viewpoint, not right or wrong.

Then there is the headache of dealing with investors low balling, tire kickers, and God forbid a dangerous felon entering your home.

Many times, they see mildew in their bathroom and say it's dangerous mold.

I saw a duplex that's next to my own property but I don't have the cash for purchase & Reno.I found a company who looks at rent roll& lends based on it.What dangers might I run into?

In more recent years, the DP3 policy and other similar insurance policies have been used primarily to insure rentals, while HO products (like the HO3 and the HO5) have been used primarily to insure owner-occupied homes.Although most homeowners are not restricted from purchasing a DP-3 policy to insure their homes, this is generally discouraged because not only is the coverage less comprehensive with fewer endorsements than its HO counterpart, the HO-3, but also it usually not less expensive.DP3 Insurance is All Risk InsuranceDwelling fire insurance policies come in two different policy categories; named peril policies and open peril policies.

In Oakland also, owner-occupied buildings with 3 or fewer units (duplex, triplexes) are also exempt from rent control (but not just cause evictions) after the owner has lived there for 1 year.

I prefer the fewer problems the better and a consistently late tenant won't get a new lease at expiration.

if you have transferred title.. and the bank calls the note due to the alienation clause.. you then write a check... this is why wraps can be and are tricky and dangerous all at once for the seller.If can easily write a check then no sweat... you can only enforce your note with the new buyer.. you can't force them to pay it off in most instances

So I can expect fewer qualified owner occupant homebuyers.

You'll send fewer letters but are hitting a better demographic