You CANNOT depreciate the house if it’s for personal use, ONLY if it’s a rental use.So I can still depreciate the house, write off items I buy to furnish the home, maintain the home, and any costs associated with running it as an AirBnB when I am not using it for personal use?  

It can also increase the time it takes to approve or deny an application.Application Costs: Requiring all adult occupants to apply can increase the application costs, which may be seen as an additional financial burden on the prospective tenants.

The 30% structure ratio doesn't cover cost of replacement of structure/building and really limits my depreciation.

For personal expenses, like medical bills or living costs, you would use the funds you’ve drawn from the LLC after they’re in your personal account.

if the  138K heloc is ample  for your needs and if the 7.6%  isnt a teaser rate - use this one ....also make sure you are  familiar with  1) costs for each  2) required payments 

Does the price, rehab, and ARV meet your percentage requirements after holding costs, closing costs, commissions, hard money fees, permits, & other soft costs?

The one hosted by Brandon Rush is one of them.I am always game to help individuals and do so without costs.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Feel free to reach out via personal messages. 

The Legislature's intent was to help prevent homelessness, but I only see this as increasing costs and reducing flexibility.