Debt is from a mortgage on our primary residence and student loans.I'm now in a situation to either reduce debt or increase my regular income (via paying cash for rentals/purchasing notes/something like that) to a point where my dti would be more attractive to lenders.

Hi Ken,I obtained a HELOC against my primary residence here in the DC area several months back.

I purchased my primary residence for $100k, put 20% down, and it appraised for $142k upon purchase. 

The caveats are that he would reside in one side and he only wants to reside in the place for 3-5 years. 

The owner & the resident agent of the LLC are the same.

Most people buying a home for their primary residence view homes in the evenings and the weekends.

You cannot use them to sell your primary residenceThere are ways to 'convert' your primary residence to an investment rental, and THEN do a 1031, but it takes time.

Or are the residents responsible for storing the energy and utilizing it for particular appliances and etc?

I still go home pretty often, but I currently reside in Maryland, about 20 mins from D.C.

There is a definition for "in the business" that is not relevant to my question.Here is my question:  What if Larry Landlord owns one single family residence in his own personal name.