I actually see this as the worst of all choices as it limits what additional properties you can purchase and keeps you locked into a non-performing asset.I think there is much more risk keeping your money locked in your current house than if you were to redeploy in a MFR or even just dump it in index funds.

The exact wording and length of time required varies by state.Maybe an eviction lawyer / service would be a good choice this first time - then, you can watch what they do.

I'd give the prospective tenant a choice, 1. one month longer than projected completion and they must vacate on that date because you will be finding a new tenant 30 days before they leave or 2. two month's extra and if there are delays for any reason you will allow them to remain until the house has a certificate of occupancy. 

A reasonable choice that someone refinancing can make.For those of you looking to buy right now, watch out for that.

My choice is TenantCloud.

I will need to live in my first property because I will have no other choice. 

"No doc" rental property loans are an increasingly popular product among hard money lenders where the loan is underwritten with a borrower's credit score and the property's cash flow. 

I know it's a risk using any private lender, but what are some initial questions I can ask to get a better idea to make a choice to use one if any? 

This gave me the option to be a stay at home mom when the day comes, and makes the choice for him to stay in the marines when his time is up a real choice.

Private lending companies are very popular.