@Marc Rice Hey so I have explored refinancing and have a couple questions about that for you.

Sure some people got the short stick in life but most times the "short stick" is self inflicted.

Originally posted by @Marc Rice:@Michael P.Where’s is this?

Key criteria for a successful SFH househack:Suitable zoning criteria, i.e. room rental laws (county by county)Within 1 mile of hospital, major company HQ, public university, and private university (to attract 20-somethings)At least half as many bathrooms as bedrooms (i.e. a 4 bed / 2.5 bath could work, but 4 / 1.5 could get sticky)Plenty of driveway space / street parking (1 per roommate)Plenty of kitchen space (since the kitchen is the most occupied room other than individual rooms)Basement or side entrance entry point (i.e. if you wanted to turn the basement into your living space, you could enter from a side entrance)Un-involved neighborhood community (cul-de-sacs can be the worst spots)Turn-key quality (i.e. you won't need to fix much of anything when you move in)This list is by no means exhaustive, but things to think about when you work with an agent on a SFH househack.

Thanks for the advice @Marce rice !

@Marc Rice thank you!

@Wes Rice What terms does your lender request after the HELOC?

What you're describing is property management, and the keys to being able to legally manage the property for them would be:You are a licensed real estate brokerYou are a direct employee of the ownerYou are an ownerA few other obscure exemptions.The sticky wicket here lies in the FHA part. 

You recognized this and took steps to help make it right.I'm sorry for the sticky situation this leaves you in, needing a place on the quick. 

The lack of existing inventory, coupled with a lagging pace of new construction, has really caused serious appreciation in some of the transitional neighborhoods, as @Marc Rice mentioned above.This has weakened cashflow a tad, as entry point in several areas has risen dramatically.