That's a business purpose loan that doesn't allow owner-occupancy whatsoever, and you sign a document at closing agreeing to this. 

Multiple notices have been cited that I have already resolved, the most recent on the other hand, to me seems a bit out of line- I as a homeowner, chose the turf I wanted both in looks and cost efficiency for a large front lot close to 3k sq ft of front yard.

Send deals my way, The Cape Guy will close today.”

My first goal was to buy my first rental in 2024 closed in march currently house hacking it. 

In addition to the $106,000, we also paid ~$3500 in closing costs.

AND THEN...as part of the process, have to pay legal fees to evict the tenant? 

If the tenant closes their accounts to prevent Obligo from collecting (this rarely happens and has never happened to me), Obligo still pays the Landlord and goes after the tenant.

You write a check at closing, out of "cash on hand".

We would like to do it all legally with plans approved by the town.Any recommendations for an architect / company that can assist us with this project? 

Here are a general post on K1s:https://www.biggerpockets.com/forums/51-tax-legal-issues-con...