I am currently house hacking my primary residence in California and just bought a rental property in Indiana. 

Hello everyone im a newby, this is my second investment property.I’m using a heloc from my primary residence to buy an investment property for $145k and I’ll use my own cash for the $15k in renovations.

Quote from @Donald Hatter: Pros:- Builders have many homes to sell at one time so it is easier to negotiate a better deal than with a home owner in the same neighborhood who is trying to sell their primary residence - Buyers bust out of deals all the time and builders don't like holding completed homes- Lower maintenance which leads to easier property management expenses.  

Never had a problem with mine at my personal residence then again I'm sure tenants run it hard. 

I am moving out of a home that was my primary residence, and it is becoming a rental. the mortgage is currently in my name. 

If the residence is inside a gated subdivision or a controlled-access buildingthat is governed by an owner’s association, a letter from the association acknowledging the use and grantingaccess to occupants of the rental unit will be required as part of the application.A short-term residential rental requires a Conditional Use Verification (CUV).A short-term rental use is unavailable and prohibited within a residential unit or a room within a residentialunit that is located in an apartment building.

In 2017 we started our journey with long-term buy-and-hold investment properties in the Memphis, TN area after selling a property that we were losing money on every month in NOVA that we purchased as a primary residence in Jan 2007 (talk about all-time bad timing) and then had to move with the Navy in 2009 (2nd all-time worst timing).

I own a house that I am living in with a VA loan and want to buy a different home and move into that as my primary residence and rent out my first home.

However if you are attempting to use rental income for your departing residence that's where it will be a little tricky... 

For a Regulation A+ offering, you are not supposed to invest more than 10% of your net worth outside your primary residence if you are not accredited.