@Matthew Wright, You're probably at 15% fed and up to 7.15% state of Maine. 

I think there are exceptions if you are forced to move for work (and similar situations) but owner occupying the property for one year is one of the main stipulations for the low down payment FHA loan.

Hence the main reason I got my license.

The house is a little over 1100 sqft with 2 bedrooms, 1 bathroom, living room, dining room, and office.

i am very interested in multi family homes mainly duplex and triple as a rental property. i do not really know how the market is on guam and not knowing where to get market information from. i would love to hear everyone tips, tricks, and expertise. 

remodeled main bath, part of kitchen, paint and carpet

One of the main concerns the seller has is how to guarantee that I will maintain the property.

Your main decision will be between passivity and control.If any of the few options I mentioned above are appealing (and there are others, TICs, DSTs, etc), I'd say set up some keyword alerts to help you learn more and connect with folks who are pursuing the same kind of investments.

"Main St.

@Joe Scheffold knock on wood but I have not had to file a claim in over 13 years in leasing to students.The main thing to know is that most insurers will not insure your property if it is rented to undergraduate students.