@David FreyWhen i was in the military (retired in 1990), my first four rental properties were initially my primary residence. 

Our contract has a due diligence clause in it, so we can still back out if anything huge comes up.Current Home Info: 1970 sqft, 15 year mortgage (about 13.5 years left) at 3.375%, monthly payment of $1,241 (will go up a couple hundred due to SC taxes raising for non-primary residencies). 

To me this seems very close to traditional bank financing.

I'm planning to stash my commissions to help build down payment money for my own brrrr buy and holds, much like wholesalers often plan to use the capital for more traditional investments, but being within the law, I'll be able to network and build connections without being shady.

The primary residence has already been fixed up and put on the market.Here is where we need help.

@Nick Mauldin : You simply ask for a T12 (YTD for 2017), Current rent roll, and a PNL for 2016 and 2015 (schedule E will suffice.)If this is a deal you sourced yourself by calling the primary, then they may be a little cagey about providing ALL of the above, but will often provide some of it.

I will be doing an FHA or traditional cash out refi on my primary with them early next year (there is still the up front PMI on fha, but no closing costs) to wrap my first, second, and some divorce legal debt together and then doing a rate and term traditional refi several months later to lock in a lower rate than a cash out would have now.

My primary business model is helping out of state buyers acquire performing assets and then offer management services as well.

I purchased a single family in May '17 as my primary residence shortly before listening to BP podcasts and researching real estate.

Plus you'd have to live in it for a while as primary before converting it to non owner occupied.