Have had this happen twice.  1) AMC waited for a few weeks until tenant got a negative test and then the AMC went in.

On this loan type with 3-4 units you will need to pass a self-sufficiency test which is just a test to verify that the rent from the home pays for your PITI (Principal, Interest, Taxes and Insurance).Another option if you are interested in fixing the home prior to renting it is the BRRRR method.

You'll find no shortage of friendly faces to get you rolling here!

Most lenders roll that particular hit into the higher rate investors expect to pay.  

Here's how the IRS defines it:If you own or live in more than one home, then you must apply a "facts and circumstances" test to determine which property is your main home.

Soil is in restricted soil area (perc test will be available in Feb in our area).Keeping in mind this is a 1/2 acre plot with 1/4 acre plot across the street, 5-6 outbuildings (chicken coop, outhouse, garage, ~100 sq ft shed w/ electric, cinderblock smokehouse, fire pit, and other shed).

We’ve taken all the lessons that you learn from flipping, managing, financing and roll them into one big deal.  

Soooo excited to get things rolling, rehab and rent.

Do a pressure test on the water and sewage lines, see if there are issues. 

you are getting a call and a 4 star review), only 1 roll of TP for a 3 night stay?