Encompass does not allow for an LLC to be named as the policy owner, only as a secondary insured.

If you could find a duplex property (or a single family house that could be turned into a duplex--check any HOA restrictions first), or a "fixer upper" to live in, that could be a better use of the equity you have in the rental house.If you run the numbers and decide it makes sense to sell the rental house (check with your accountant, figure out closing costs to selling and buying) then you'll possibly have more money to put towards a primary residence.You may want to check the neighborhoods that fall in the school district you want to stay in and look in "under appreciated" areas...maybe not the A class neighborhoods, but ones that have potential of becoming "improved".While I understand your desire to stay in a particular school district, it's not the end of the world to consider other districts if they will allow you to build real estate/family wealth that will put your entire family tree in a better position."

Again, being very focused on key buildings close to new constructions being delivered in 2-4 years, in key growth areas, you can get good deals and cash in apprecitation in the mid-long run.In older buildings, if you are not financially solid, it's recommended to sell before HOA and Special Assessment will put you out of business. 

This refinance would potentially allow you to pay off the construction loan and potentially access additional funds to build more units.The new loan amount after the cash-out refinance will be based on the current appraised value of the entire property, including the new construction.

Quote from @Glenn Barlow: To BP Family:Looking for recommendations for a Strategic Marketing Company that specializes in (or at least) understands our RE business.  

Together, it worked out for me as their combined income allowed them to always make rent. 

If you don't have any specific recommendations, I'd still love to connect over coffee so I can learn more about your business.

Pete is tricky as there are pockets of the surrounding areas that will allow for air bnbs.

I do realize that the mortgage company may require additional info or not allow this. 

Most people that are successfully flipping have a flipping business with either employees on staff or enough work lined up to keep a GC happy for 6 months to a year.Its a tough business to make money in when you are doing one project at a time from a distance.