This is a new federal regulation.

And MIP, I think, is also going to be there for the life of the loan.All home loans insured by the Federal Housing Administration require insurance to protect the lender — it’s just not the “private” kind.

then you have to live there for one year, then you can flip.If you lie and say you are an owner occupant, but really are not it is a Federal crime, and the punishment is a $250,000 fine and up to 5 years in jail.I haven't seen the deal that was worth the time.If you can't do the time, don't do the crime. 

You'll be in violation of federal law doing that, search on BP for "seller credits" and "Dodd-Frank". 

@Brie Schmidt not an expert on this but I think Cadet heaters with thermostats can be pretty efficient.. there is a company in the northwest that uses those as their standard on new construction.. and over on the Oregon coast were the temps only vary about 30 degrees all year they are popular

The federal reserve bank of Dallas has data showing that SA is experiencing a boom within the business cycle.

I used Island Federal Credit Union for a property I own in Rochester NY.  

With increased prices, and consumers that aren't in a position to buy, they have the opportunity to live in these popular areas and also willing to pay the increased rent that comes along with it.  

Some cities get federal and/or state money to provide toward low income housing.

Grocery and convenience stores are a little more regional; in Florida, Publix is popular, and if one of their stores is within a mile or two, that's probably better than if it's further away.