Finding someone that can handle all the permitting process would really be a huge help too.

These costs include lender fees, appraisals, inspection fees, upfront MIP, taxes, title company fees, HUD consultant fees, building permits, agent fees, survey fees, credit report fee...etcThat's why its SO important to get the seller to contribute towards closing costs or you'll be left with the entire tab.

Also, make sure any work that was done was permitted. 

And if it's your primary residence, permits are not an issue.Pm me if I can help.

I've been waiting on permits for quite some time.

A couple of brokers have said that due to current guidelines, the max for owner-occupy 4 fam is 80% LTV, and that an 80-10-10 isn't permitted with this set of variables. 

All of the parks in my neighborhood are owned by the HOAs so I get to avoid town permits since it is private property.

This is all IF you're going to get permits, which I strongly recommend.  

This ordinance only permits four or more persons to live in any dwelling unit if they are members of a traditional family or the functional equivalent of a traditional family.

One thing to be aware of In West Chester is the fact that there is a restriction on student housing and the town is not currently giving out any additional student rental permits; unless the property already has a student permit, the student subset of the market will be out play.