@Brian LarsonTried out the spreadsheet it is a nice product.I would add in more detail for your permanent financing such as a term...  

I can move in and change my construction loan to my permanent loan.

I would recommend to pursue eviction as it will go tenants permanent record, so in most cases they leave as soon as they get served by the sheriff because they realize that the landlord is not playing around.

Otherwise, it will be a continual thorn in the side every year, and it has the potential to damage landlord credibility.In your conversation with the landlord, emphasize that it is in both parties' best interest to diagnose and permanently fix this situation.

You'll probably need transactional funding to close the deals.You probably don't have enough cash to do a fix and flip.You're going to have a hard time getting a permanent (i.e., decent rate you can afford to hold) loan on investment property with bad credit, no job, no experience, and very limited cash.

I'm also considering making one of the units my permanent residence, which would lower the interest rate by default.

You will be able to slow down and cease operations in Houston when the time comes and hit the ground running in Idaho when you are ready to make the permanent move there.

I currently have a permanent residence where I have lived for two years plus, and would no longer have to pay capital gains where I am at on any profit under $250,000.

In some munis the tenants stay unless you remove the unit permanently from the rental market....and even then you have to buy them out.  

But as stated above, part of this assumes that your depreciation is permanent rather than just deferred (which you may not know for a long time).2) "mild recession": split decision.