Hey @Brett RiemensniderThere are a TON of banks/credit unions that will offer as low as Prime on a heloc on your primary residence.

I am going to assuming it's a nice house if it was your primary residence and it's in a nice location. 

That is lower than market and puts you in a cashflow-neutral situation, but it is unlikely your residents can afford that.

But a tenant may, so the insurer provides coverage for a rental that you wouldn't have in an owner-occupied home.It's important you be very honest with your insurer about how the home is used so they can ensure the right coverage.

I am a complete rookie to the real estate scene, I am looking to house hack for my first residence out of college.

In some cases, after running the numbers, I’ve even faced potential negative returns, causing me to miss out on promising deals here in South Florida.That brings me to my question: I currently own two homes—one is my primary residence, and the other is a rental property.

Typically, we conduct background checks on only the individuals who are responsible for the lease (primary resident) and/or cosigners.

land sale is in Northern PA, but we are currently NY residents. 

Honestly if the property taxes are enough to make the rentals a bad deal I’d suggest selling.

I had planned on buying a new primary residence  that needs a rehab that i can get way under market value.