(Flip, personal residence, rental, etc...)

This limits the amount of $ I can qualify for individually.

@Lars BruininkAs a former San Luis Obispo resident 480k sounds like a great deal.

I would suggest for your first acquisition to "house hack" and buy a primary residence that you can get preferred financing on and also make some income on.

Hi BP,I've been considering selling my personal residence to free up some liquidity and then leasing it back for some period of time (say, 6-12 months).  

HUD specifies that RVs are not to be used as permanent residences and I believe that is mandated by law at a state and federal level.

It is currently on the market and we are working with a qualified intermediary  for a 1031 Exchange and looking for financing for two to three new properties to buy and hold for the children and their children and beyond. 

Ask them if they were to pass something to prohibit STRs outright or only allow them in a primary residences, how would they deal with your vacation rental. 

Investment Info:Single-family residence buy & hold investment.

@Jackie LinneYou need to consult some qualified professionals, e.g. accounting and legal...With Title in your name, how/what is the LLC renting out your property?