I have a question in regards to the financing portion and what others may have done:I have a HELOC on my primary residence which I could easily use to fund my downpayment. 

Sine we own our primary residence one of the banks we contacted suggested we use a home equity installment loan (HEIL) saying that it would allow us to make what amounts to a cash offer on the property and secure the loan with a similar term and interest rate to a conventional loan and the added benefits of no closing costs.  

@Larry WilliamsWelcome to BP, fellow Denver resident! 

My drilling location is approximately 100 miles from my primary residence so it would be a nice little monthly write-off if possible.Hope to hear from someone with more experience on this matter!

Thanks Matthew, That is something I will try I just heard back from one bank that said their policy is to only loan on one rental and my primary residence.

What if that would be a primary residence? 

I am contemplating doing a cash out refi on of my rentals to do a remodel on my primary residence.

Once she lost the court case she appealed and said the house was her primary residence (moved a family member in one of the houses put a mailbox with a lock on it).

Home Possible is for Primary residence.  

I currently reside in Delaware.