@Pandu Chimata There are a few other things that the Underwriter will require in order for you to get the Primary residence (Owner Occupant) loan rate.1) You will be required to sign an Owner Occupant affidavit, This document basically covers you legally stating you will occupy the property within 60 days of closing escrow, and you will occupy the property for a minimum of 12 consecutive months from escrow date, and you will not rent, lease, or sub-lease the property within the first 12 months from the closing escrow date.2) The other thing that often gets asked is, How far away from the current primary residence is the new property?

I've been doing this over five years, but have only had a couple of properties and a couple of tenants, so I'm not exactly green, but still learning.

Today's flood maps are often already outdated and more than a few people experience 100 year floods more often than they could care for. 

. -  Houston, New Orleans, Tampa, Naples, Virginia Beach, Sacramento to name a few all are at risk for major flooding, often times properties are mapped out of the 100-year floodplain by political pressures, developers and community officials

They will often have a higher tax equivalent yield than a taxable savings or money market.

In our county tenants who were supposed to pay trash often are delinquent and city has to put liens on 1000s of homes every month. 

Inside each of those areas are 50-500 micro-markets that are all going to provide different results, returns, types of tenant.

@Jeremy Taggart how often can a VA loan be used and when would you recommend using VA loan over conventional or FHA.

-The moral issue you could run into is if your agent brought you the deal and you cut them out to submit an offer directly to the listing agent then you burn a bridge to save a couple grand-Too often people focus on the small commission paid to the realtor as an opportunity to cut costs when in reality the long term relationship with a good agent will bring you far more value.

People here on the South Shore do it frequently and often have multiple takers.