I have a plan to: a) Rehab my primary residence in Orange Countyb) Purchase a fixer-upper and have it rehabbed (relocation to either LA or Inland Empire).  

What you are implying beyond just getting mail at the property is that you would at some point sign a statement that you would be occupying the property as a primary residence.

But all the hard money companies I've seen will not loan on primary residences..

We lease out a SF home in which current single tenant has resided for 4 years with minimal issues.  

Hello, can I still deduct on my taxes the interest from a HELOC on my primary residence?

I talked to them about getting a HELOC out of primary home residence.

Resident shall be responsible to furnish light bulbs for fixtures.

The first as mentioned above -- equity add through the principle portion of the loan payment -- and I am also sending some extra payments to the first position loan as an extra equity insurance policy and pay off my primary residence faster.

I will definitely be checking deferred maintenance during the due diligence period and most likely there will be some needed.It's definitely not 100% turn key, there are most likely some renovations I can come in and value add, especially in the exterior and extra security to make the residents feel safe as it is a C class area. 

Would a Lender use the $ that I have in my HELOC account ........... would they let this count towards being $ that I have in a " Savings Account " , as they want to see that you have 6 months of Rent saved up " Per " rental / your own personal Residence that you have Thank you for the input and help