The FHA 203k Limited allows for an extra $15k in rehab costs (max rehab costs to go from $35k to $50k) if the property is located in a QOZ for the first 15k borrowers each year. 203k's are only for owner occupants (1-4 unit dwellings) and qualified non profit groups. 

Right now I'm at 50% occupancy for the 2019 school year, I started showings in November.

 You can always knock on the door and ask politely to let the occupant show you around.  

Six Areas of Focus:Florence OR - Proposed regulation but nothing formal yet..within city limits properties are eligible for STR usages with a business license to remit local occupancy taxes. 

This is the slowest Memorial Day weekend, in terms of occupancy, that we have experienced in 19 years of business.

Once occupancy permits are done, then you get a regular mortgage. 

If looking to invest in the NOVA area with 20-25K down, you'll have to look into an owner occupant (house hack) type situation.  

High occupancy = more wear & tear on the property so is underpricing your property just to get bookings the best strategy? 

We sold a place around the corner this past fall with a similar 2nd/3rd floor layout and we found investor buyers and owner occupant buyers liked the uniqueness of the apartment as the market does not have many 3 bed/2 bath units.I'll post the link to the flooring here shortly also.

(Usually these programs require occupancy for a certain duration or else the programs are voided and the borrower is liable for those costs.)In fact, Fannie Mae just announced a couple of months ago that they are now offering closing cost assistance to borrowers/lenders.