I want to use the equity in my CA home for the downpayment"me: "gasp" there was very popular post a few years back and LA based investor took out a large HELOC on their personal residence so they could buy 8 units in a mid west city.. that he admitted were D class and on paper the cash flow was huge etc etc.. 

Investment Info:Single-family residence wholesale investment.

It will enable you to continue living for free while your residents pay off your mortgage for you.There are several turnkey companies in the middle/southern part of the country where you can buy high quality single families for under 275k in landlord friendly states.

For a rental to be considered "Owner Occupied" It does have to be the owner's primary residence.

As a Meridian resident and investor I believe you need to look at co-living - Buy a house, add bedrooms or get your first one with 5.  

One of my criteria for investing is not to buy in any area where I would not feel comfortable sending my wife to collect rent in the dark.  

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

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

And do you currently own your primary residence?

Lower turnover means happier residents, but it can also translate into less operational stress for you.Max Occupancy: The size of the home and local regulations will determine how many residents you can house.