Occupancy rates are also excellent with this strategy but in most months you do make a more on a short term rental at the expense of more time for managing it.

When we PCS in summer '16, we'll rent out the unit we're currently living in and then look to buy another multi unit wherever we move next, probably with an FHA loan since it only requires 3.5% down and one year owner occupancy.   

At their peak, they get about 60% occupancy!

Cash is always king, and if you have your own cash you can avoid having to pay out the nose to a hard money lender potentially.Two, one of the great ways to sneak into your first few deals is by being an owner-occupant.

The bank indicated that I did not qualify for the mortgage due to inadequate cash flow and occupancy requirement (85%).

I'm fairly certain discriminating against renters based solely on their [legitimate] occupation is illegal in the State of California.

I would think on these higher end homes they wouldn't get bid up extremely high since not a lot of owner occupant buyers have $300-500K cash laying around.

I would also like to fulfill the last 2 of the 5 years owner occupancy term aside my primary concert of the degree of difficulty for renting it out.

SFR ConsShared space with your tenants/roommatesOccupancy limits: each town and county has different occupancy limits.

Hi Tom,These areas you've mentioned all have Point of Sale and rental registration/occupancy licensing requirements that can be pretty tricky to navigate (and will often require a lot of cash up front to be held into escrow/pay for repairs).