A small investment in the storage areas of your flip will show buyers you went the extra mile.Curious to see what everyone thinks!

Consult eviction attorney regarding commercial; I'm specifically a residential PM and commercial usually has different rules because of the nature of the investment and occupancy (tenant doesn't [usually] live there)

Once the HELOC is in place, your father-in-law could loan you the funds to invest in real estate.

@Jim Coleman Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

If you are investing out of state, then do you already have a good property manager lined up? 

It's called "piercing the veil".On a recent episode of the BP podcast their guest thought that having an LLC can invite law suites because folks will assume an LLC has money compared to a mom and pop operation.Often we see the LLC debate be another barrier to entry for investing.

Investment Info:Single-family residence buy & hold investment.

I LOVE Charlotte - great for investing - but I, of course, am biased. 

Considering moving, but we have no interest in losing this property - it’s unique and a great investment asset all things considered.I have no experience whatsoever with renting out a property.

Less red tape and you could rent out all the rooms right away if you purchase this as an investment property with 15% down.Either way, you’re in a solid position with your free housing perk, time to play the long game and set yourself up for future wins.