Unfortunately our rural towns have been dying since the 50s/60s - which is sad as there are lots of cool and fascinating places - but it all happens slowly - first a large employer leaves, or maybe there's a farming crisis, tax revenue decreases, then folks with younger kids move away or the younger kids grow up then they immediately leave then never come back, then the schools start to die, then the schools close, then no one wants to live there, then the local hospitals or clinics lose fed or state funds then they close, their workers leave etc. 

My fear is I go over the 2 month period and I start losing money.Potential solutions: 1.

If something were to go wrong, could lose money with nowhereRent the primary residence and use HELOC for the downpayment on an (MFR) which I live in a unit and rent the other units. 

As for the ‘excessive’ family gatherings at your house: you have no control over it.

I sometimes drive in excess of the speed limit.

Then that should be clearly defined in your lease along with the cost of excess bandwidth. 

Of course, but extending doesn’t mean you lose those breaks.Also, not everyone situation is same as yours.

I've just never been in a big rush to lose money so that approach doesn't appeal to me personally. if you want to rent, and use your capital to buy a cash flow positive property, then that's not such a bad idea ;) 

I found out the caterer would leave if I had to do that, they would be without a bathroom and lose a lot of space (they used as an "office").

Remember if your rental is creating a profit in excess of depreciation, paying some more income tax is a good problem.