Hello Everyone, I have a rental property (single fmaily home) in Santa Barbara County, CA. 

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

@Marlon OlivaresAssess your financial situation and calculate potential rental income to determine if house hacking is a viable strategy.

We currently own two rental properties (details below) and are ourselves renting a place to live in ($2350/month).

@Chris PlattI think you need to clarify as a consultation vs attorney call are two different thingsIf it’s a “hey this is what I do, can you tell me the services that you have that relate and how do you charge etc” - that’s an introIf you are “hey I have a rental and …..” and want a specific answer that’s a consultTypically an intro call is free to learn more about services.

I would say the difference is largely a question of which is the better interest rate - the heloc vs the rental mortgage.  

I used it as a down payment on my first rental property and had no issues on either side.

We're looking to sell our rental property that isn't performing well.

There are a couple factors with Modular construction, one is geography, some places Mods have the same value as site built, other areas they tend to have less value, I currently own 3 modulars as rentals, and have flipped, as well as Listed a few for banks.

You can't take depreciation deductions on a primary residence.I have a feeling that converting this rental to a primary will also unleash a huge tax bill in the form of depreciation recapture.