as long as the property is an investment property, you can do what you want. You can not rent out an FHA or if you told the mortgage co, that this is your primary. Make sure you check references with the manangement company, make sure they represent you correctly
You just have to tell the mortgage company that you would like to purchase an investment property and what you plan to do with it. It is legal. What is not legal is to lie to a mortgage company by telling them that you will live in the house but then rent it out.
Please let me know if I can be of anymore assistance.
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