Yes, most lenders will require you to live in a primary residence before moving out, refinancing, or converting into a rental.

The problem we are having this year is that IHA never stopped paying after the last two residents moved out. 

Investment Info:Single-family residence fix & flip investment.

We've gotten great residents who we met despite their original search on FF being way below market.

Welcome to BP fellow NYC resident!

Look into how your county handles properties of deceased residents who pass without a will or trust.  

As a non-resident, I’m finding the process challenging due to factors like high upfront costs, foreign buyers’ taxes, and financing limitations.I’d love to hear your advice or experiences regarding:•Strategies to manage the high initial costs and foreign buyers’ taxes.

That feature is bundled in a Resident Benefits Package I have as an addon through Second Nature. 

Another lesson I’ve learned is that buying a single family home as my primary residence to later lease to a tenant is a bad strategy unless I’m purchasing the property at a really low price.

Also, I don't know if it would be worth it from a liability perspective either, but would advise to chat with an insurance pro/legal pro.When purchasing a primary residence, conventional loan guidelines will require you to take down the property in your personal name.When it comes to taxes, you'll likely be able to take the standard deduction AND itemize Interest, Taxes, Insurance, Depreciation, and expenses prorated based off the rented portion of the property when reporting the 1040 along with W2 income.