I’m not sure i see the benefit to the second option as then i have to pay taxes on this rental income and then i believe it does not look like my primary residence anymore.

It is now increased on the closing disclosure - which I believe is too late for them to add a higher fee).Any thoughts are appreciated.

You strike me as a nice, good person and probably believe others are respectful like yourself. 

I believe they are only open to accredited investors from what I remember. 

That is your mistake for misleading them to believe there was a set of washer and dryers for each unit.

@Abad Marroquin HELOC can unlock more equity I believe.

In Bradenton FL I believe we're somewhere between Seller's market phase 1 and Seller's market phase 2.

I believe I know enough about real estate to have an educated conversation with Thisbe investor but I’m not sure about how I can learn moreover about the markets around my area and everything I don’t currently know haha.

I also have 12% projected as management cost and I’m figuring that cost at full occupancy to remain conservative; however, based on conversations so far I believe I can get this down to 10% of rents collected.I see this property throwing off roughly $1,812in cash flow ($151/mth).

I believe @John Woodrich had an issue with that at one of his last primary residences.