Currently have full time job allowing flexibility and ability to invest new capital every 6 months

However, not every lender will require this and we work with some lenders who are flexible.

I politely told them that if they are trying to offer flexibility and ease of use, this seem counter to their entire existence. 

This also gives you the flexibility to go there for your vacations as well.It will be more work and you definitely want to find a local cleaner to help with the change over of renters.Good luck!

This is exactly how I started my portfolio, I'm a huge believer in using a HELOC as leverage- it's liquid, cheap and flexible.

Tell planning to get creative and more flexible with use variance (they cannot live without 3 6-inch books of rules which MUST be follwed to the letter).

Out of all the things people say you “should do it this way” or “need to do it that way” house hacking is for sure the most flexible because of how intimate it is.

Personally, I would keep the 30-year amortization for the flexibility of it, you can always pay down extra principle to pay down the loan sooner.  

@Brandon Tedford Both are very valid strategies and with HELOC rates are so low (and terms flexible). 

It’s flexible and integrates with lots of lead funnels.