Next year, I plan to purchase a second home and move into it.

@Rich Emery If you plan to sell early, consider a 12 to 24 mo bridge loan.  

We plan to construct several of these around the ATL market.

My plan was to use the funds from this second mortgage as a down payment (20–25%) for the next investment property with a DSCR loan.Are there other approaches I should consider?

For instance, things like death, divorce, job loss, natural disasters, heath issues, etc may cause you to change your plans unexpectedly and may change what you do with your home as a result.

I finally was able to speak to her - she confirmed she's planning to be out by the end of the month.

I've already renovated one of the bathrooms, and I’m planning to paint the interior, update the kitchen cabinets, possibly sand the wood floors, build a fence is a corner lot and increase the rent for the room since my tenant is currently renting the entire 3-bedroom, 2-bathroom house for $800 a month.

Are you planning to take on another project like that soon?

I haven't looked into it because I never plan on buying there but thats what he said was enacted in the last year. 

I plan on expanding to a PPC budget very soon.For BP, my goal is to not only learn and connect with any and everyone but also contribute wherever I see fit.