Trevor - thanks ...if its your primary - then  75% will be the max  ltv  for a  cash out  refinance ...what do you think market  value  is  for the  property .......fyi - the comments on FHA loans is accurate - the  mortgage insurance is permanent  and the only way to eliminate it is to refinance the loan to a  conventional loan .......fyi - you are not allowed  to " convert"  a  FHA loan to conventional  loan ......fyi - there are  some  conventional loans that  allow   as little as  3-5% down 

But I can say from personal experience that many companies are authorizing permanent remote work.  

HERE'S MY QUESTION- I don't live in Omaha so would propose to give girlfriend 10% to manage (presume permanently) and half of the net for about  the first five years then all to me. 

There aren't basements there, and if you permanently house-hacked a duplex in Killeen in place of a SFH, you would get into all kinds of trouble.So, what would you recommend, Douglas or anyone else?

Otherwise, this carport would be depreciated over 39 years with the hotel building.In an office building, instead of installing a permanent flooring such as glued down wood or tile, install flooring that is considered personal property such as luxury vinyl planks or carpets.These are just a few of the many ways that tax planning before construction can save you money.

The dissent agreed with the majority that the sale must include a permanent dwelling and that a principal-residence sale must include a home and improvements, but argued that the dwelling could be demolished and rebuilt as the petitioners had done, where even though the original house was gone, this would be defined as renovation of the original principal residence, not as a different residence, and not interrupt the 5-year period. 

The dissent agreed with the majority that the sale must include a permanent dwelling and that a principal-residence sale must include a home and improvements, but argued that the dwelling could be demolished and rebuilt as the petitioners had done, where even though the original house was gone, this would be defined as renovation of the original principal residence, not as a different residence, and not interrupt the 5-year period.

The 2bd option I was thinking of house-hacking (renting out a room to another student).I don't think I will be moving there permanently and so I will probably either sell or rent out after I leave.

Below are the turn costs for each segment based on the above assumptions.If I multiply Total Vacancy Cost by the 10 year turn frequency, I get the following:Transient: 10 turns x $3,200 = $32,000 or $3,200/YrPermanent: 2 turns x $2,000 = $4,000 or $400/YrTransitional: 5 turns x $7,000 = $35,000 or $3,500/YrAs you can see, to have the same net cash flow from the three different segments, you need to have a far greater return from properties that target Transitional and Transient tenant pools than the Permanent tenant pool.

At some point you will need to refinance and get a permanent loan.