We bought primary homes in 2005 and 2006 in Phoenix, got pounded in 2008. 

Then, if you finance it as a primary you need to wait one more year. 

This will be funded by either a cashout refinance or a HELOC on our primary residence, its estimated value is $180,000.

However, I qualify for an FHA loan and potentially a down payment assistance program if I purchase a home as my primary residence.

Here's a copy and paste directly from the site: There are two types of loans: general purpose and residential (for the purchase of your primary residence).

I'm currently in the process of fixing up my primary residence in preparation for an appraisal to use for obtaining a HELOC.

Some banks require 6 months before you can lease or refinance- so you have to live there essentially as a primary residence for 6 months.

Our next purchase, a SFH, we purchased in our LLC’s name and paid $10k cash for it at a county tax auction.We also each had former primary residences that we’d turned into rental properties.

Most of the credit unions I spoke with lend at prime rate or even below prime rate if you go with a lower LTV, however to get the amount of credit I wanted I decided to borrow up to 95% LTV of my primary residence 

If you can lease it quickly, you know the market, you know how to get to restaurant decision makers locally, then it may make sense to do it yourself; however, if the leasing function cuts into your time for your primary job, then probably makes sense to outsource it.