Depending on the built in gain and how long you've lived there, you should be able to sell your current primary tax-free and roll any gains from that into your new primary residence, that is IRC section 121.Is there a set amount of time before you can move into the rental as your primary?

AirBNB is a platform you list your STRs on.I didn't get that you want zero income like @Bill B. mentioned but it should be pretty easy to to get this rolling.

@Aubrey Adams-Thanks for the post / question -I would recommend developing a hypothetical plan  ( purchase price / loan amt needed ) and get pre approved ..this process is free and it will help get you organized and also to educate you  in many ways ..if you never end up buying - no worries and no costs have been wasted 

I'll reach out once I have things rolling.

Anyone can answer a question but this pre interview interview shows you if they have these qualities with out even having to ask and they are the most important qualities in my opinion a realtor can have.

My mortgage pre-approval is $350k.

Without admitting or denying the SEC’s allegations, Tosta has agreed to settle the charges against her, consenting to the entry of a final judgment that orders permanent injunctions, disgorgement and pre-judgement interest totaling $117,917.57, and a civil penalty of $60,000.

These self employed 2nd mtg's are typically based on alternative method of caluclation like profit and loss statements if you're self employed or the last 12 months of bank statement deposits using a formula to derive an income from these deposits (like 50% of all annual rolling 12 calendar month deposits X 50% /12 months = monthly income).

Hi Leslie,We ended up financing through Brown Equity out of AZ on a No Interest renovation loan with the plan to roll into a longterm loan after the renovation.

@Minnina SmithTo buy your first rental property, assess your financial situation, educate yourself on real estate investing, set goals, build a team, analyze deals, get pre-approved for loans, and start property hunting.