You have intimate knowledge of the building and the surrounding area, which is a rare advantage in this business.TaxesSewer and WaterTrashHeat/UtilitiesHOACap Ex and OpsInsuranceMgmt Fee - as a % (general consensus here on BP is 10%. include it even if you think you are going to self manage)Vacancy- as a %. (8% represents 1 vacant month/unit/year)

As a first time buyer on an owner occupied, you may qualify for some advantageous lending programs on this first purchase.  

@Clint Worland an s-corp may have an advantage with fix and flips and the SET (self employment tax). 

You have to remember as an agent you are held to higher standards and if a home owner feels as though they were taken advantage of (especially if payments aren't made after the transfer and the house forecloses)  then it would be safe to say you won't be an agent any longer.  

Then the advantage would be that you have no mortgage insurance with conventional financing but it will require 25% down payment even on a primary residence or non owner with conventional financing.

So, I definitely plan on attending a meeting and taking advantage of the opportunity.

@Michael DuVentreAlong with the homes your getting info on you should also make sure to write down the info when you see a FSBO sign as this is also a potential for you to find a property that most other wholesaler's and turnkey providers are not taking advantage of.  

@Jon Klaus  I have thought of that, but I do want to get a few properties while taking advantage of the lower owner occupier rates. 

If I do form an LLC,is there any advantage to using the name of the LLC as the registered agent (option A) versus using my legal name (option b)?

Why not take advantage of being an OO buyer and try to get a good deal on a HUD or FNMA property?