You’d probably get 10% more for the property from a primary home buyer after you remove the tenants.

First step - Take out a HELOC on the equity you have in your primary residence. 

I personally like House-hacking as primary choice in this market, followed by a light rehab BRRR, lastly would be flip or long term hold (unless you got a smoking deal!) 

House hacking and buying a new primary residence every year are great strategies to ensure you are consistently growing and profiting from every purchase you make!

My understanding was that they only cover primary residences.

That code section states:(1) “Prospective owner-occupant” means a natural person who presents to the trustee an affidavit or declaration, pursuant to Section 2015.5 of the Code of Civil Procedure, that:(A) They will occupy the property as their primary residence within 60 days of the trustee's deed being recorded.

tag=slickdeals09-20&...I have never used this one as I am a pretty firm believer in the Zinus mattresses but I just ordered this up for our primary home.

I have mowed and taken care of the lot all 8 years we have lived here and it has lived as if we have one acre with our house.Question: if we sell the house to one party and the lot to another do both qualify for the primary residence capital gains exemption?

Oregon is also an increasingly popular retirement destination, for primary and second home buyers that don't need to have STR permissions, the options and areas to invest are robust, and there is even high demand for upgraded and updated furnished mid term rentals to help off set operating costs.

If it's a Mainstream bank like WF, BofA, Chase they'll likely be most worthwhile on a plain vanilla primary purchase, and provide a good frame of reference as you shop for mortgage options.