I also checked in our executive meeting and your property is being marketed $100 above the range we gave you and has a resident application.  

Also, I don't know if it would be worth it from a liability perspective either, but would advise to chat with an insurance pro/legal pro.When purchasing a primary residence, conventional loan guidelines will require you to take down the property in your personal name.When it comes to taxes, you'll likely be able to take the standard deduction AND itemize Interest, Taxes, Insurance, Depreciation, and expenses prorated based off the rented portion of the property when reporting the 1040 along with W2 income.

I currently live in a single-family primary residence.

Thanks for the vote morgan, unfortunately this was just a result of random research ive had

Investment Info:Single-family residence fix & flip investment.

Yes, most lenders will require you to live in a primary residence before moving out, refinancing, or converting into a rental.

Welcome to BP fellow NYC resident!

That feature is bundled in a Resident Benefits Package I have as an addon through Second Nature. 

Another lesson I’ve learned is that buying a single family home as my primary residence to later lease to a tenant is a bad strategy unless I’m purchasing the property at a really low price.

Look into how your county handles properties of deceased residents who pass without a will or trust.