Looking to take advantage of an FHA and owner-occupy for a year.2) Network locally (Chicago or NWI)3) Find multi-units to BRRRR and manage personally.That's about it for right now! 

This gives me the best price and my offer has an advantage that a competing offer with two realtors (seller/buyer agents) doesn't.  

I know people who could have qualified for a A paper conventional loan but choose to keep tapping into these commercial products to take advantage of the straight forward, business purpose approach.  

I heard about the Rebuild NWF program providing 75% funding for updated impact windows but unfortunately that program ran out of funding recently. just missed the cut :(Anyways, it got me thinking so Im interested if anyone knows any kind of programs like this for any type of renovation/installation that I can take advantage of as Im bringing this home back to life.Thanks in advance!

@Andrew McCotter I would definitely leverage as much as possible to take advantage of low rates and acquire more/better opportunities.

Be sure to take advantage of all the resources that it has to offer..  

We feel like Reno may be a advantage because of taxes and growing market but still relatively affordable.

You'll have an advantage in properly budgeting/scheduling renovations and you may be able to pay a little more for properties, since you can get the renovations done for a little less.What are the prices of these kinds of MFRs in your market?

Being a real agent is a massive advantage.

I do this a lot as a competitive advantage in acquiring highly-sought after properties - but using a short-term asset to acquire a long-term one is not a wealth building strategy.