As a practical matter, you might be able to get around it by including a jurisdiction/choice-of-forum clause in your loan documents.

My dad brings a lot of experience to the table when it comes to renovating a house so I’ll just have to make a choice

That being said, be careful because if things went south, it could result in a major penalty Might have been better to post a hypothetical question and a faux story to get the answerFHA loans are owner occupied, 5% down also likely owner occupied - read the contract Once you have 20%-25% equity in, you can refinance and go conventional I can't recommend either way for you, but I can say others have done itOnce your loan is conventional, I'd say you've got very little to worry about - the choice is yours

@Benjamin Harris I've heard they're just top of the market and I like to strategically choose properties a decent equity position and the main goal is cash flow.

It certainly makes it difficult to get into those, as (if you're like me) you are financing and can't risk a zero condition offer.Flipping in Smiths Falls I think would be a good choice.

If not, I wouldn't plan to rent both it and the main house out.

Gilbert from 1st choice drywall - tell him I sent ya

I'm the CEO of a marketing agency I started 10 years ago and that's my main gig. 

I just got done with a unit turn, where I opted to replace the carpet with laminate flooring, but the choice came then to which flooring to use, the cheap stuff at $0.75/sq/ft, or the waterproof and durable stuff at $2.50/sq. ft.

obviously the tenants want to get a dog and not pay a fee or extra rent...I doubt they are expecting you to reduce the rent. your choice should be based on the unit itself. got carpet, a fenced yard, close neighbors that might complain etc.