Quote from @Cody Caswell: Quote from @Jay Hurst: Quote from @Cody Caswell: Is it true you can use taxes, depreciation, insurance, and mortgage interest for qualifying income when applying for an FHA loan on a primary residence? 

When I return to the country after my Au Pair contract ends, I hope to live in the property as my primary residence and house-hack as well.I understand that investing remotely makes things more challenging, but I am also ready to be uncomfortable and challenge myself in this journey as I know it is 100% possible.

@Leeling ChewAbsolutely, you should background check every adult (18 or older) who will reside in the property.

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

It is much easier to find HELOCS for your primary residence, but some lenders will do a HELOC on a investment property as well 

He currently travels often for work and resides in TN. 

However, consider STR seasonality, local regulations, and management demands, and ensure your equity loan and new primary residence costs fit comfortably within your budget.

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

You ARE subject to CA LLC tax just by the fact of YOU being a CA resident, sorry.

In most cases, I don't recommend renting out your primary residence especially if you have no rental experience and that is because usually your primary residence was bought without the idea of renting it out.