Quote from @Jorge Newbery: Here is a link to AHP's Motion for Temporary Restraining Order v.

I don’t place all the blame on him, as I understand Massachusetts law is heavily tilted in favor of tenants.

Ok yeah we are thinking of getting an investment property loan so we can stay in our current home.If we did the FHA route we are considering on living in the new property for 1 year and then moving back into our old one after the year is up.We are curious if we would get a more favorable rate if we borrowed from our home equity to buy the investment property.Do you have any idea if many investors borrow from their home equity to get started?  

If cash flow improves, it might make sense to hold onto the property while expanding your portfolio with new acquisitions.Reinvestment OptionsIf you sell or pull equity, focus on markets and property types that align with your cash flow goals:Out-of-State Markets: Research markets with strong rental demand, favorable landlord laws, and higher cash-on-cash returns.

Your pictures aren't doing you any favors.

The problem is these bigger markets are almost impossible to cash flow and to make them cash flow; I would need to have very favorable seller financing terms or a lot more money.

I guarantee you are more likely to secure favorable terms if the seller likes you and can imagine you as a great operator for the business.

Do yourself a favor and find out for yourself.PS - We have zero affiliation with NR, Jim piccolo or anything in Arizona. 

If anyone does this, theyre likely doing it as a favor and not a for-profit venture. 

Cost to build is $350K (I am managing it all myself and calling in favors around the city to get low rates on materials and labor).