Only trick to this would be if you do not own your current primary residence and you do not have a current housing payment, then no rental income from either the upcoming subject property or investment property can be utilized towards qualifying.

Investment Info:Single-family residence fix & flip investment.

I currently live in a single-family primary residence.

Hey everyone,My name is Peter Firehock, a lifelong resident of Alexandria, Virginia.

There are companies who buy homes, renovate them, place a resident in, sell the property then manage the property as well on the back end.

@William Bohan, Yeah, being a CA resident you'll have to do a 1031 exchange or your tax will approach 40%. 

I'm a lifelong resident of this area and very familiar with the areas, and what's working. 

While there are fewer native Austinites left, if you find them—especially older residents—they can be an invaluable resource for inside information.Get involved locally: Once the tourists and college students leave for summer or holidays, you’ll realize Austin is still a small town at heart.

Residences and cars are not purchased in individuals names.  

Totally emotional questions but I tend to feel that paying off a primary residence earlier is better because you never know what the future holds for you and your income.