STRs in their current form are simply big hotels, and legislation has been slow to catch up because in their original form they were more conducive to residence (someone crashing on your couch for $39/night).  

I reside in the Hampton road areas of Virginia and I would really like a mentor to help baby step walk me through the process. 

I am considering buying a quadplex as a house hack, but the eventual goal would be to move back into my current primary residence rather than buy another, so the seasoning period for me to get another loan would not apply.

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

Try to avoid mixing your primary residence up in your projects, I've seen it turn ugly, Fast.

Another option may be to secure the loan using primary residence as collateral. 

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

Thanks in advance.  90% LTV product cash out is for primary residence and has no monthly MI pricing is about 1-1.375% higher than conventional going pricing so there is a slight premium for it but it is 30 year fixed and available for those who need the money compared to other options available.You can always transfer to LLC later on once you've seasoned your payment history on the loan for 6+ months to be safe.

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

Inspections are very good for homeowner buying a primary residence because its a huge purchase in their life and they usually have little knowledge or experience, but many experiencedinvestors myself included feel confident that we will see most anything an inspector would.