The property will cash flow $500/mo or more after all expenses and cap ex reserves, as well as the payment on the SBLOC.

Getting right to the purpose of my post, with all the relevant context: I’m 52 and living near Seattle.

They are not allowed to buy a home due to tax and immigration reasons, so the company gives them a set amount for rent each month along with paying for other expenses. 

Me and my partner moved from Utah to Maryland for school recently and we have a townhouse that we are looking to rent. we are currently remodeling and changing a few things before renting. what are the first steps to change my primary to a rental I lived there for about two years.

They are exceedingly rare, thus very expensive, but I believe they represent an excellent long term steady income and store of value.  

Luckily this was all accounted for in my budget, but it was still a slow and expensive process. 

I wanted a house for myself to live in and I had been living with parents for two years to save money.

Hi Davis,I live in NC but invest primarily in Greenville SC / upstate with my business partners. 

Theres someone living in the side that I will be occupying until the 1st of February, but since I JUST became the owner, would it make sense to reach out and ask them something like "Hey its __ the new owner, just checking in to see how you're doing.

They lived with others, they never had $ to live on own, and were of little commerce other than whatever place that was using them like a quazi slave.