If you're ONLY interested in it as an investment, and NOT in disrupting your current living arrangements, then you ONLY have the conventional route option, not FHA.And if you "assume all units are rented out, non-owner occupied", and it STILL "cash flowed negative/break-even when analyzed using 50% rule", then will it be a good investment after you move out, anyway?

., not HMR's view on world income - that's where your CPA comes in - but I would anticipate a similar arrangement.

Best way to sell it would be to find a park with a vacant lot willing to take it and make arrangements in advance to move and set it in the park as part of the sale price.

A "wet bar" arrangement with a sink, fridge and microwave is legitimate in a SFH.I understand the new attraction to taking on new rentals, roommates or airbnb short term rentals; it can be profitable to the owner.

I have arranged my investments such that the more expensive it gets, the more I make, but have also successfully hedged my bets so that if it does not get more expensive, I will still do very well ... heads I win big, tails I win small, but the house always wins and I'm the house.

@Leona N.I presume you are going to draw down on your equity between mortgage terms and not break/prepay an existing mortgage (plus penalty: 3-mth interest or IRD).There is also nothing that says you must leverage your property to 75 - 80% LTV, if you sleep better with only a 50 - 60% LTV, then you know your limit.As for the choice between a note, secured line of credit or a hybrid arrangement it comes down to math and whether you needs some/all funds now or later.

As a flipper with a partner an LLC is a natural route for me to go as there are various reasons why in flipping it can make sense to flip each house in the name of an LLC whether it be for arranging investors or getting hard money.

Don't worry you can still house hack with a single family resident if you are comfortable with the arrangements.

I might work this into my arrangement in the future.

In the future, I would always have your funding arranged BEFORE making the purchase.