We are in a very seasonal area for moving so I try to avoid vacancies in January.

To start things off, we are planning on doing either a live-in fix & flip or a house hack with a duplex. 

As of now we only stay at our rentals when we are working on them, but it is necessary for us to do so because we are very hands on and I manage the rentals myself. 

For purposes of having a commercial space, for business credit, applications/requirements from many companies and to keep our incorporation in the state of Oregon, we are currently leaning toward continuing to rent the cheapest office unit month-to-month as our Principal Place of Business just to meet the requirements of state incorporation/other companies.I'm certain that we are not the only virtual business to face this dilemma... has anyone found a solution to this.. perhaps a method or another state that permits virtual businesses without a physical presence to be incorporated in their state?

We are also told that the law cannot be avoided by disclosures."

But for now, we are focusing on large apartment developments in large metros which seem to be taking a hit.

My team is located in Northern VA but we are very familiar with the VA beach/Hampton Roads area, happy to connect and chat further if you are interested! 

We are estimating rehab costs, but offhand I'm estimating $40,000.  

But in the condition it is in we could still move in and airbnb one of the rooms like we do now in our current home Us bank said our current debt to income is 23% so we are pretty good on that front.

It's not a bad idea to take some of that equity out now while the market is still strong and do SOMETHING with it, just be aware that real estate is very cyclical here and we are most likely near the top.