Based on the information in your profile, it seems likely that this is your one rental property although you mention in your profile that you also let out rooms in your own home.Out of your four options I think the worst is No. 4.

However, if you work with insurers based in Northern NJ you will have no trouble finding something that works. 2-4 unit properties are in abundance here and are often being house-hacked. 

Determining exactly how beneficial is based on a multitude of factors, but a cost segregation study cost/benefit analysis on your property is typically free and can help you decide whether the benefits offset the cost of the study.If a Cost Segregation Study had not been performed on this $560,000 single family home located in Phoenix, Arizona, it would have had first year depreciation of approximately $20,400.

I'm here because I don't understand and I'm coming in with assumptions based on my own taxes over the years and you've kind of put me down or made fun of me for being "surprised" at how the tax law works.  

@Tristan Bennett, DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.Here's a bit more in detail about how rates are calculated for DSCR loans: 1.

Usually comes up the other way when they leave the state and turn their old home in to a rental and keep it registered as owner occupant.)It’s defiantly the reason I will never spend 183 days in MN and NV remains my home base.

Purchasing from overseas, I made my offer based on the advertised info and, believe it or not, did not uncover that 2 of the units were just 1b/ 1ba until after due diligence. 

I would base this first off of where I want to work first.

After doing some research on the ‘director,’ Kory, he’s actually just a freelance/self-employed salesman based in Utah… I should have sniffed it out earlier in the process than I did because even in the 1stinterview, some of the early questions from the screener included how much money I make, how much I have in my bank accounts, my credit score, how much credit card debt I have, and what my credit card limits are…I was then asked if I was willing to ‘leverage my credit’ aka max out my credit cards to be successful.

I would look into a DSCR loan option it will require 15-25% down depending on the lender but it's based off the asset and if it debt services rather than based off the individual.