https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...

Having this information allows me to give my clients a solid understanding of current market conditions, enhancing our discussions and decision-making.

The information contained in this post is not to be relied upon.

I'll send you a message to get more information from you. 

Will the title company put this property under our LLC name, and won’t be required to legally inform HUD/tax authorities. - will it influence property taxes once we move to conventional loan in 3 yrs? 

It explains the team that you should develop to have a strong foundation under you while investing remotely.https://www.biggerpockets.com/blog/core-four-real-estate-team

I would connect with a local PM who has connections with the HUD programs so you can get the most accurate information and guidance in your market. 

Quote from @Tom Server: I’m looking for advice on the best way to access about $100k to pay off my 401k loan, credit card debt, and cover some rehab costs.Here the information-  I purchased 2 properties last year, 1 is a rental property that i had for about 8 months, the balance of the mortage is 170k, worth around 300k .

Unfortunately, I have not been able to find enough information on how to use this product in California.

This platform on Bigger Pockets is a great source of information where you can ask questions and also learn from other investor questions.