At the risk of bursting bubbles, most primary residences don't cash flow well as rental properties.

We all make mistakes and need to learn from them.I made a similar mistake and did it with decades of ground up development experience.I was building my private residence.

It was a pain to get good quotes and available people to build out spec homes and I needed a reliable/credible GC to qualify for the loans I considered anyway.2.

Yes, get police report, contractor to repair the unit, and you invoice the resident.

Investment Info:Single-family residence fix & flip investment.

Best to talk with a licensed LO in your state that can tell you what you qualify for and not make those decisions for yourself.

Investment Info:Single-family residence buy & hold investment.

is this for a primary residence, or an investment? 

Borrower shall occupy, establish, and use the Property as Borrower’s principal residence within 60 days after the execution of this Security Instrument and shall continue to occupy the Property as Borrower’s principal residence for at least one year after the date of occupancy, unless Lender otherwise agrees in writing, which consent shall not be unreasonably withheld, or unless extenuating circumstances exist which are beyond Borrower’s control.So you have one instrument saying it is Primary and the other saying it is Investment.

Hey @Brad Birky - your CPA could probably advise you best in this scenario but my understanding is that if it was bought as a primary residence you can get the tax writeoffs from the portion that you weren't occupying.