This is the primary reason for my search for financial freedom.

Could I rent it out for exactly one year, and then move back in as my primary residence after the lease expires? 

I would like to purchase a primary residence in Los Angeles, and I'm considering either selling the Seattle home when the lease is up in a year, OR using the Seattle home as collateral to get a loan on a house in LA.

Insurance payout if there was an accident on the property, umbrella policy would pay beyond what primary insurance didn't pay.Take care of your property and your tenant and it is unlikely that you would be sued.I have heard that people move the deed into an LLC all the time as the property is still secured by the mortgage that you signed.

This was my primary attraction to having my license.

We paid off about half of it very quickly because it was at a higher interest rate and I wanted to get our DTI down to purchase a primary residence, but I am making the minimum payments on the rest of it for the reasons I stated above.

I am open to any opportunity as it would provide me with new experiences, however, I believe my primary niche will be in single family/Multiplex homes.Thank you for reading my introduction and I hope to network with each and everyone of you as I continue my journey as a Real Estate Investor.Regards,Tony

Acquire outdated, fixer upper property North of Dallas as my primary residence using FHA 203K loan.a. 

The primary reason is I'm having a hard time following your math, the numbers given don't really line up - I'll get to that in a moment.

Many Private Lenders are offering the initial costs can add to your primary loan but it is usually for one year but might be a good solution.