For funding, explore options like FHA loans, personal savings, or creative financing, and focus on New Jersey markets that align with your goals, such as Newark for rentals or commuter towns for house hacking.

Figure out which best fits you and your personality and take it from there.  

We would want to use it for personal use probably one per year. 

Would you personally intentionally go out and do this?  

Not that it cant or wont, but unlikely.If OP applies for homestead on a new property, then I personally would not lie during the application about receiving the exemption on the existing property.

In my view by doing that and making contact with persons found using the process will result in getting a lot of your questions answered.Have an Excellent 2025,Doug

Share what you are looking for and the deals you are working on with your network in person and on social media regularly.2.

If you close with a conventional loan, it will need to be in your personal name.

In addition, you want a separate bank account for the rental property to separate it from your personal accounts.

Any recommendations on Houston REI groups that meet in person or virtually?