My investing strategy is bound up in my occupation, not separate from it.

This is not the case, cause its not easy to pass occupancy inspection from the city, and HVC inspection is really hard to pass.  

What do they see them selling for per unit, what is the market occupancy rate.

Does the city allow occupancy in the building?  

The first one was running 95% or better occupancy.  

Not so much.... unless you're exceptionally good at multi-tasking and can negotiate with buyers / sellers / investors, etc. while doing demo, framing out walls, putting up drywall, painting, etc.You should also consider your own skills, licensure, etc. versus professionals in the skilled trades and other occupations (attorneys, accountants, property managers, etc.).My $0.02...

My inspector will confirm all of that shortly but I know I'm going to need to do a few things to get a Certificate of Occupancy. 

@Rob Ringlehan VA loans typically require 1 year occupancy, just like FHA.

Maybe if you cross into san bernardino or riverside or even Kern county as you mentioned you might be able to make it work with FHA but then your occupancy may be in question because you're working too far from your employment (unless if you telecommute).

@Alex Lawson... do they have 5% down owner occupant loans in Ontario?