Even for owner occupants, the prices have dipped back to 2002 levels and the interest rates are at historic (HISTORIC I SAID) lows.

This person said she was there to verify occupancy.

We see on the auction websites "Owner occupied, buyer assumes occupancy status."  

It's more of the areas desirability from the stand point of a potential renter or owner occupant.  

@Garmeon Y.FHA is for owner occupants exclusively, so its not a program fro real estate investors and even for owner occupants only applies to 1-4 units, more than that don't qualify.

I have to say that this sounds fishy....is he bringing anything to the table to qualify as a " co-owner, owner occupant?"...

This will also tell you what the  university educates students on regarding off campus housing.Check out if there are local ordinances regarding noise , unrelated occupancy limits.

This is a 60 days notice to vacate for personal occupancy.

I'll just post the link instead of reiterating what was said in the thread :)https://www.biggerpockets.com/forums/49/topics/114510-fha-owner-occupancy-requirements---less-than-one-year

Buying a 2-4 unit as an owner occupant will get you the best deal to start if you are planning on moving here, this will also allow you to establish a rental portfolio in US.But you can still get financing as foreign national(on a visa), just with lower LTV's.