Or you can do just a smidge more and present a property people would actually want to live inside. 

Even if you buy something that needs slight renovations, you can do them while living there, and then in a year or 2, you can rent that one and have 2 units in your portfolio, and buy another primary residence to move into with 3.5-5% down.

Welcome to BP :) Would love to connect- lived in north Jersey for over a decade

I do a lot of Condo Associations and I'm having more and more trouble with having companies having to cover such a big property amount in say an acres or 2 of land mass.2. have no idea3. not sure about regulatory barriers because there have been plans done through employers or associations where they'll give a specific discount, let's say 5% overall to the employees they can write but that being said those clients typically don't live right next to each other, have the same age/style/value of home and they still have underwriting guidelines they have to go through that can generate rate or every deny the coverage.That help at all?

I lived in a townhouse for a few years right between the line of Blacksburg and Christiansburg. 

I live in FL, all mine and ALL my clients from around the world have our team take care of it all.

I opened a private window and checked my listing, and sure enough, the cover photo of my living room with an inset of the swimming pool was now a kitchen photo. 

So you decide if you want to put it in the LLC or your own name.If you do it in your own name, and live there, you will be able to take a personal residence loan and qualify for loan programs that only require say 5% down + closing costs.

We currently live in Franklin, TN.

They have the means to buy property as investments then they need to be much more knowledgeable of what they are doing compared to home buyers who dont live and breath RE.