@Ian Martin It's going to depend heavily on what the home can be licensed for, the finish of the home, and how many residents it can be licensed for.

Anyone looking at it for primary residence isn't going to pull the trigger with tenants until April.

Great news for the local investors, bad news for the California absent landlords (our software catches/filters by property location and borrower primary residence, there might for example be a lender in California that lends nationwide but requires the borrower to live in their 3-county footprint, and every other configuration of that you can imagine).

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

I should hopefully have an independent appraisal  within the next few days.HELOC will be from primary residence. 

My current residence in Oceanside CA is a half acre with plenty of space.

The intent of FHA was to promote primary residence home ownership not investing portfolio building so they put this rule into place.100 Mile rule basically says that you cannot use rental income offset from a lease agreement on your current house to help you qualify for the next property when using FHA loan to qualify.How do you get around this?

is this loan secured by your primary residence as a HELOC  or are you borrowing against your stock/bond portfolio ?

Best to change the locks anyway to eliminate any risk or perception of risk with the prior owners (or prior residents).

After checking with the power company on the status of the power they said crews have been out and they showed power being used at the residence.