It's a good idea to use primary resident for business?

[Alex Xu]

Hello BP fam.

I have a mix-use property under contract, and I plan to put 20% down conventional loan use as a primary residence. I plan to live there and operate a business using this property to be the landlord and a business owner. I can use the business to pay down the mortgage and potentially generate cash flow. I know it is risky to be a landlord and owner, but this is a great way to get a loan and start my real estate investment journey. 

I plan to move out after one year then operate as a business property mainly. 

Do you guys think this is a good idea? Anyone else is doing something similar? Any advice or things I should be watching out for? I appreciate any inputs. Thank you.