As an out of state investor, I would love to connect and potentially have a property manager in my team that experience in Section 8 rental. 

I actually used to live in the area and self-managed all my properties while I was there.

NYC property values are increasing at or above the national average (4%).

Using a relative or friends address to claim you live there when you actually don't is committing fraud. 

So people argue a) whether it is actually required and b) what are the consequences if you do not file. 

I’m a real estate broker, Investor, and property manager in Lee County.

Is it worth actually evicting though?!?

Hello,I am interested in purchasing a recently renovated $195K property as a 'secondary' home for the next 4 years to use as a future LTR.

It is always valuable to be able to walk into a property an analyze cost to repair, it is a huge factor in determining the feasability.

There's actually a good chance your overall "cash out" with the HELOC will be higher (most banks will go up to 90% vs 80% is generally the highest a cash-out will do) albeit at a higher interest rate, but you can protect the original mortgage rate if its very low (2020/2021 rates).Also consider the flexibility of only pulling on the HELOC when you need it thereby keeping expenses down.