Watch-outs for Non-Warrantable Properties

[So Da]

I am in contract on a condo in Ohio that is in a non-warrantable complex due (I think - need to confirm) to the fact that the owner occupancy to rental occupancy ratio being too low.  

This would be my first time dealing with this type of loan or circumstance.
Are there any watch-outs or things to keep in mind when applying for non-warrantable loans for this type of property? 

Any good lenders that lend for this type of RE on Ohio?

[Genny Li]

Go with a local lender and it's way easier. You can't get a "conventional loan with 20 percent down" on a non warrantable loan. It's going to be either a portfolio loan or a local bank special condo loan.