It depends on whether or not the carrier requires 12-month lease agreements...have to talk to an agent and provide accurate information on how the property is being used.

Thanks for any input you can provide!

The Architect working directly for me will provide me with more leverage and peace of mind. 

This can be done through linking up with local investment groups, or go to meetings that provide such interactions.

In Jersey, the tenants will pay 3.5 months rent up front (1 for first month, 1 for realtor fee, and 1.5 for security).

We keep your doc's stored in a secure portal that you have access to and we can use for any purchase or refinance in the future it does cut down on the time frame next time around.It's also good to take a look at other bigger banks programs and how they can help offer lower rates and not have to pay points like lenders and brokers charge!

I think HH provides these new home buyers the opportunity to purchase a home with some financial flexibility being able to rent out portions for extra income. 

Larger national companies like State Farm, Allstate, and Liberty Mutual are known for providing comprehensive coverage, so they could be good places to start your search.

These syndication can provide an 8%+ cash-on-cash return - providing investors monthly cash flow - and a 15-20% IRR over the length of the project.

Has anybody had a situation like this before or able to provide more color on best approach / details?