If that somehow slips through, then at the closing table before a notary public you are going to sign paperwork attesting to you living there and continuing to live there. 

Specifically for the following two strategies, what are the most essential metrics to focus on when analyzing a deal?

This will reduce paperwork and no need to refi to get out from PMI in the futuer.

The draw back to these loans is that they are more paperwork heavy than the other "portfolio" types of loans....but if you have ever received a loan on your primary home, it's likely that you will go through the same type of paperwork here with conventional lending.

https://portal.ct.gov/Office-of-the-Governor/News/Press-Releases/2020/04-2020/Governor-Lamont-Signs-Executive-Order-Providing-Residential-Rent-Protections?fbclid=IwAR1_ej9w4ehy8nk1tbQqymMiVDJRd38X44AfzFGeHUXqavYaeZW7a...

I'm just pointing out that in NYC, it wasn't as straight forward as would seem to be when starting out.Now that I'm ready and knowledgeable, I found a property for $1.7 Million, negotiated it down to $1.5 Million.The Listing Broker and I worked out the Paperwork (What we call a Deal Sheet) that specifies the details of the transaction including the Commission splits.

The refinery in my town is only letting essential personnel in. 

The paperwork definitely sucks in a cash out refi.

Heard they even have checkpoints before you get into town to prove you are a full time resident or essential business.  

They had essentially denied the loan, and collateral, due to a lack of "curb appeal".