You are floating an idea, but you have to tighten it up because it will make the search for the assumption easier if you target certain locations and get some help with those.

I would love to hear any thoughts on this on whether it is a good idea.

Now that she said she would have somewhere else to stay I figured I should throw the idea out there to you."

@Jesse WolfNo, your W2 hours do not count, unless you own 5% of the company.If you spend significant hours in your own real estate projects, not those of your employer's - then you might have a path to REPS if your actual work hours for your employers are limited.

My boss owner financed the current home im living in for the past year and half. I opened a HELOC on my main property thats in another state to pay for the down payment and remodel. I’m getting ready to payoff the re...

I appreciate you sharing some specifics on the risks with a real life example ( I have not been paying attention to that detail, so that is good education for me).I do get the idea that if it's a good year, I am missing out on good TSP compounding due to a loan for real estate. 

Second, there is a limit to how much it will pay per claim and per annum. 

The policy provides a limit for the Existing building based on Actual Cash Value (depreciated value). 

House hacking is limited to 4 units.  

Thank you for that advice, that’s a good idea.