I know that there are possibilities to swap it to a conventional but it could break the deal right.

I am about a year out from possibly doing the same career transition and am looking to acquire my first rehab for a BRRRR- do most conventional lenders look at your near future career position for lending or just your present and past?

As long as your home has kick @$$ marketing which highlights the marble and all of the high end upgrades, you will have a ton of potential buyers and you will receive offers that reflect what the market thinks your home is worth.The inventory here is so tight right now that if your home is amazing and priced aggressively (i.e. low), you will likely get multiple offers.

For a conventional loan?

I've also seen several other folks on here talk about low-down payment conventional loans as alternatives to avoid the PMI.

This way you can move into your own place and also get started in real estate investing.If you can afford to put a larger downpayment than 3.5% then you can always go the conventional loan route and still buy a duplex, triplex, or fourplex.Hope this helps.

He says I will have to use the CHFA loan to purchase my potential rental property and then refinance into a Conventional loan in order to go through with the purchase of my family home about a year later.

That may mean refinancing in to a conventional loan or listing the property.I'd talk to a few bank reps and hard money lenders, see what your options are, and start looking for deals.

Your rehab will build you equity and you will be able to refinance out of your FHA / Masshousing mortgage to a conventional mortgage.

1) economic status is stable ... nothing too dramatic pending one way or the other 2) market in pierce county healthy ... more inventory than king ( Seattle )3) most of Tacoma’s suburbs seem much closer in proximity to the city as compared to Seattle ... there are a few areas that will be lower in price ( and not as desired ) 4)