The issue is that if you are not licensed (if no NMLS number= no license) you cannot by law do an owner occupied loan therefore you do not know that the credit report means nothing when it comes to actual debt.

@David Neubauer - I'd recommend an owner occupied flip.

HOAs can also put restrictions on rentals such as the percent of rentals vs. owner occupied.  

It's currently owner occupied so not much to comp there either 

There are so many mom & pops who do manual rent collection, and whose goal is to stay at 100% physically occupied!

Bettendorf is mostly owner occupied and newer than Davenport, so that rule also applies to most of it as well.

The office is occupied by a long term very secure tenant and the 63,000 sq ft area had a tenant leave.

I have a duplex in northern Detroit, Michigan (near Wayne State) that was recently rehabbed and is fully occupied.

My last 2 house hacks i negotiationed seller concessions to help with closing costs and interest rate buy Downs. 2023 4plex house hack was $11k in sellerconcessions and the 2024 4plex house hack was $15k I'm currently Under-contract on a non-owner occupied 4plex.

Once we got the home reclassified at the 4% rate, the taxes dropped to under $600 with the same assessed value of the home.In my experience, rental property tends to be taxed at an actual rate of 6% while owner-occupied property has an actual rate between 0.5 and 0.7%.