The bank could also sever their relationship with you permanently if you took that stance.

Maybe we'll make it out there a little more permanently in a few years

If they do, you will achieve permanent financial freedom.Your financial independence is tied to the city's ability to quickly grow its economy, create jobs, and increase its population.

Mohammed, I think a solid route would be to buy and rehab the property with a hard money loan and then refinance into permanent 30 year debt with a DSCR loan or something of the sort.

Once you get to know the city better, you can always buy a second house that will become your permanent home and then rent out both units in the first home.  

Just wanted to introduce myself a little as i have read through this site many times and decided to finally make a jump in my life and start investing in real estate.My name is Carlos and i play professional baseball for the Boston Red Sox organization. i am currently in high-A(minor leagues) for the Red Sox and after signing for a decent bonus, i have been sitting and slowly losing money sooooo it's time for me to make a real investment. i am 22 years old and have a bachelors degree in business administration, just as a back up plan, if baseball doesnt work out...Because my situation is pretty unique for a lot of people, i am constantly moving and dont have a true "permanent" residence since im in season 7 month of the year and then "home" 5 months.

Well, in addition, this couple had taken permanent marker and written on the side of the stairs and all over the fridge.

As time went on it was apparent that he was permanently living on the premises and I knew that I needed to get him on the lease right away, but since several months had past and he was already living there full time, I neglected to perform a background check as I felt it would complicate things more.

He further stated this is because the tank and lines are permanent fixtures to the house and the tenant would have no way of providing their own tank if they desired. 

Hi Max - FYI, in the case of the lender I work for, if you're a foreign national you'll have to have a permanent residence, a social security number and a credit score.