It's pretty clear in bold letters on loan docs that it is an owner occupant loan.Plus, closing attorneys usually mention it when you're signing the papers...especially if they know you're new.The bank likely wouldn't not fall for the story you were going to live in it if you closed in 16 days and had it it rented out within the month.Your best bet is to cross and your fingers and hope they don't ask in the next 12 months.

You almost always find a fixer upper cheaper with renovation costs than a turnkey house.People pay a premium for turnkey.Add a motivated seller to the mix on a fixer upper and you can really make some money.

If there were  tiny baby in the mix , I seem to recall there could be protections for the baby not to count as an occupant?  

I would go so far as sending a letter to every vacation rental I was interested in. 

Just as a heads up though in case you decide to pursue if it falls out of contract the unit mix is as follows: 3 BR 2-floor apartment in the front of the house, 1-br unit in the back lower floor, 1-br unit back upper floor.

Here is the letter I sent to my tenants to solve the issue.Notice: Necessary Action Concerning Your Lease Has Been Taken Due To The Corona Virus OutbreakHello All Tenants,As I write this letter in terrible times, I hope it finds all of you and your loved ones well.

A little background information last November my parents got a letter in the mail saying that the trailer park they were in was closing down.

And I feel Pawtucket always benefits from being closest to Boston and having a good mix of rental units and regular owner occupied properties (it varies by neighborhood of course).As far as "inside information", I'm not sure there's a lot of that to go around, especially these days where every week brings new economic developments and we're still seeing how things are going to shake out, how long this will last and what the effects will be (short and long term).

Hi All,Trying to create a marketing strategy and I am hoping you have some recommendations for the best/efficient and most personalized looking yellow letters for high open rates.  

The building was mixed-use with parking which was a rare find.