I would not jump to the conclusion that he is somehow favoring the tenant. 

you can potentially run into very sticky situations with disclosures were you to sell that place We’re you to call the board of contractors and tell them about the situation, he would most likely be dead meat.. they would most likely decide he absolutely did not perform in a workman like manner, and if it progressed to legal suit, the judge would see his board found him guilty of wrong doing and rule in your favor That being said....

Loan options were much more favorable for an owner occupied refinance, when compared to an investment property refinance.

I favor the month to month lease because in NY it is easier to evict someone if you need too.

Your personal living expenses are part of the equation, you get to experience being a landlord, and there are some very favorable lending options as well.

Or you may already have it through favorable current zoning or a future zoning proposed by CodeNext.For example, current zoning of this 0.40ac lot allows only one dwelling per lot, that of course already sits there.

To keep it short, I'll just say it is more favorable to live in your home first then rent it (as long as you owned/ lived in the home 2 out of past five years and meet the other requirements) before you ultimately sell it. 

There will still be lenders that will underwrite favorable loans in certain non-warrantable condos, just as there are now. 

Anyone having luck finding favorable rate/terms for commercial cash out/refi lately? 

The market seems to be in favor of sellers right now with investors having to bend, but it seems as if old ways, outdated info, and old thinking habits from investors are making deals difficult for wholesalers.