Our local credit unions had two methods of doing a HELOC: one did a drive by inspection of the house and the other wanted an internal inspection.  

Internal Revenue Code Section 1031.

From what i've read online (not financial advice) the bank only requires one of the owners to use the property as their primary to qualify for a primary financing.From what I understand this will also very much depend on the internal guidelines of the particular lender you're talking to. 

Also looking to hear from anybody who has thoughts on the rental market in close proximity to major universities - I recognize the challenge of college students and the sometimes problematic care and need for repairs (that is why I am hoping to target the graduate/PhD/Med student population who might be less-centered on partying and more centered on academics and being responsible...pipe dream?

@Chelsey Coleman My husband and I have a guest room that we mostly rent mid term to visiting scholars, interns and students.

Today's update is to let you know that it has not stabilized and is continuing to decline.At Bartomeo Property Management we track several key metrics to not only assess the market but to help us understand our internal operations.

The extremely wealthy and the international wealth is still here bidding.

Back in the 1970s when I first entered the real estate profession (my fellow bankers were shocked that I left international banking to work as a COMMISSIONED commercial real estate salesperson!)

posters, but what you really need is a spring of internal confidence that continues with you on the journey.

Columbus is also home to OSU, which constantly develops real estate, employs lots of jobs, and attracts students from the US and internationally to attend.