Need to put a cover crop on or it can go from Ag land to Commercial taxation. 

To cover the seller's equity I have to put down $75k which will be a 33% down payment on this property.

But the 2 bedroom apartment upstairs covers most of our monthly payment and we have everything we need with a 1 bed apartment setup down here.

I could write a whole book about STRs, and it still will not cover everything, because...Take-home 2: tax strategies are always case-by-case, there's no universal recipe, which is why...Take-home 3: use a good tax professional, such as those listed here: https://www.biggerpockets.com/...

My wife and I have our old primary home that we recently moved out of and are renting that has 150K+ in equity that we could tap into via HELOC to fund the down payment for our next purchase and cover the remainder with a DCSR or Conventional loan?

if so - are you wanting to borrow just  enough to pay off the loan and cover refi costs  or  are you wanting to pull out more funds over and above the loan balance ? 

Here is why:  While you will adequately insure your property against various guest perils, your insurance does not cover gross negligence. 

Bridge Loan: Short-term financing to cover immediate cash needs.

The Federal Americans with Disabilities Act and the Federal Fair Housing Act approach the topic differently and cover different segments of the community.

I did a very similar automation campaign for my guests.One useful tip  (you covered it on finding the apartment) is that I like to record a full walk through YouTube to show how to work things.