We've owned a few rental properties and a couple pieces of vacant land with the intention to build.

Are you purchasing a multi-unit with the intention to live in one and rent out the other(s)? 

HML have intentionally high interest rates, high points, interest only and are short term 6 monthts to a year. 

@Mike Muniz Greetings,Yes you should definitely tell the agent what your intentions are with the property.

That just shows the seller your intentions of buying the house even though your actually getting it under contract to assign to a cash buyer. 

After all, the IRS just wants our intent to be keeping it as a rental.I have a 4-plex that I purchased February 15th on Daytona Beach and renovated to force appreciation.

Is your intention to get the bump from the payments on the arrears?

In certain corporate formats (not sole props or LLC's) it is possible to leave a business registered but mothballed and hold a "frozen" 401(k), but that is a rare exception and certainly not something we would encourage someone to pursue with intention.

I'd be purchasing this with the intent for it to be my primary residence, at some point, not a fix & flip.  

My intentions & integrity as an investor is well known to myself.