I had previously purchase a primary residence one of the few things id wish id done differently.

If your loan is a commercial loan (by commercial I mean any loan not on a primary residence) there is a VERY high likelihood your loan will be sold.   

I did see you’re from Nixa which is where we currently reside.

I’m in Gatlinburg Pigeon Forge where there are about 10,000 log cabins. 5 of which I own and self manage remotely. 13,000,000 tourists 15,000 residents.

I will be residing in one of the units to take advantage of the low downpayment.

If the borrower owns other financed properties, additional reserves must be calculated and documented for financed properties other than the subject property and the borrower’s principal residence.

Bank wants to sell only to owner who would reside there.

Also, I'm wondering if the premium a Prop Management company charges could make this even better than with your primary residence. 

we have the #1 college for Non destructive testing in the nation in town and was thinking i could rent each room to students if needed 2br 1.5 ba Technically you are required to live in the residence for at least one year. 

Since you are currently residing here, you'll have a first person view of the market and be able to supervise your own process along the way.I just responded to a similar post from another member that is starting out in Memphis.