Hi @Charlie Green, I am extremely interested in hearing more about this strategy.

@Rene Hosman I’d be extremely happy with break-even, but I’d also be satisfied with ~$15k/yr.

Can I refinance my primary residence 30yr conventional loan into an investment loan of some type and have my wife & kids live there while I live in a seperate primary residence (multifamily) to satisfy the 12m occupancy of VA loans?

In short - if you aren't licensed to do the work -  your services aren't going to satisfy the permitting agency.  

I don't want him to be my brokerage sponsor because he will want me to look at MF deals, which has extremely slowed down in the past few years.

We were extremely hard pressed to find a painter to do this which is why I said I could do it.

if something breaks, could 'resolution' mean 'thank you for your complaint - we will fix tomorrow,' and the guest is satisfied? 

If a property goes into foreclosure on a second, as Ken said you will either be buying it subject to the first mortgage - meaning it's your mortgage now - or the first has to be satisfied to take possession of the property - or the owner of the first is going to be there bidding what they are owed, so you would need to outbid them to get the property and then you are the person paying off the first mortgage. 

@Joey Chalhoub This decision should be read narrowly to address statutory frameworks such as MN where state law permits it to take property to satisfy real estate taxes/penalties/interest, sell it, and keep any surplus outright.

Funds are beginning to run extremely tight.