We don't care if you're an investor or owner user.

I’m collecting 1945.00 per month while having a property manager take care of the property at 8% so technically I would be a first time home buyer correct?

That said, it really takes careful tax planning with a CPA to be certain and make sure the timing works out.

In general, many don't care if you turn over every year or more.

Politicians care about 1 thing and 1 thing only, votes. 

When I used to do this as a GC, I would take care of EVERYTHING, and get 50% of the net profit when the job was done.

Long term RV only works for owner occupied units as they will be much more careful with their own trailers. 

There's definitely deals out there, and you can find listings on Crexi or Loopnet to look at, but definitely want to be careful which ones you go for. 

I am concerned if tenant vacates (who is original tenant for last 6 years ever since i bought this property hoping she will extend lease which is coming up in 4 months from now) it will be bit hard to take care of mortgage for many months from money from my pocket.

If I have a travel health care worker I verify the professional license, call previous LL, but those are room rentals, single occupancy.