Any advice is greatly appreciated :) Hi Joseph,There's no rule that says you must own a primary residence before investing in real estate using traditional mortgage financing. $100k mortgage says you're probably investing out of state.

Or is there a clause in homeowners policy that voids the coverage if it's not a primary residence?  

My primary residence is not in a flood zone.  

PAYMENTS: As a courtesy to Resident, ........................, and at Resident’s request, the Owners agree that Monthly rent payments will be made via Direct Deposit from .............payroll check (income/wages) from ................, aka ..............., located at ..........................Each month rent will be paid in the amount of $200, per week, starting October 5th, 2017 and ending at the termination of this lease agreement, or otherwise previously agreed upon, as stated below, including the months which have 5 pay periods.The extra pay periods will accumulate and may be applied toward the last months’ rent.It may not be misconstrued that...........................(................) is responsible for the payment of rent, and this lease agreement is between the parties stated in the third paragraph of this Lease Agreement.If an error, or stoppage, occurs in the automatic deposit, either by the Resident or her employer, it shall be paid immediately by the Resident ................and all other late payments, fees and conditions of this agreement will apply.Should the Resident wish to change the method of payment, the Owner must first be notified in writing in such a time frame that rent will be paid in full and on time according as follows:  Rent and/or other charges are to be paid at such place or method designated by the owner as follows check or money order by mail, or cash in person.

DPA program is for primary residence only. 

One is my primary residence and the other is a rental property.

I know I would love watching a segment on '1 MILLION bees stinging residents and why the town isn't doing anything about it!'

I currently reside in a house with an apartment attached that is being rented out, and I own another single family residence I rent.  

Haha as I was looking at the POS report for a house I just put in escrow I realized my primary residence had most of the same issues (weeds, crack in the driveway, clean up all the toys in the backyard, etc). 

My first instinct is to go for the 15-year mortgage because I can build equity more quickly and I would avoid being highly-leveraged on my personal residence.