Can I then treat my property as an investment/income property?   

It served as my primary residence & rental income for a few years.

You should do a careful financial analysis to see how much rental income you might make compared to the expenses and potential challenges of being a landlord in California.

It served as my primary residence & rental income for a few years.

I work directly with other private lenders who have been doing this far longer than Pace's program who have established a great track record of ongoing incoming deals and have legal systems in place.

Median income is 117k, Median home price is $370kIn Palo Alto,CA, median income is 178k, Median home price is $3,200,000Cleveland median income is 92k btw...So Milwaukee still has long appreciation play that can still be supported by people income, what I don't understand is whether the statistic is accurate, I thought the income in that zip code is only 50k. 

For the past 4 years I have been in Colorado working a corporate job.

Here are the details at a high level:Purchase price: 174,000Closing costs: 2,000Down payment: 20%Rental income: 1525Monthly expenses: 487 (insurance + tax)Maintenance: 128 (1% of purchase price)10% vacancy: 150Self-managingI am not sure what interest rate to use to get the monthly mortgage amount.

My original goal was to create $15,000 in gross rental income in 3-5 years.Now it's more simple.

That interest is income.