HELOCs are the greatest financial product in the banking industry.

Storefront, industrial etc.

The property has a 3 bed 1.5 bath main house which is in need of renovation which we will be doing all ourselves ( I am in the construction industry so i am not worried about the renovations).

The proxy for this in the current narrative are Series examinations, but these exams are largely biased toward industries serving markets with much smaller risk/return dispersions.

But your primary is a bad idea….1) you’d create taxable income with the rent from your primary2) improvements are capitalized /depreciated3) you’d lose your homestead exemption/protection4) you likely lose your section 121 exclusion

David’s goal was to quit his job as an auto industry engineer by buying vacation cabins in Gatlinburg.

I don't plan on yet entering the industry full-time, but I'd like to be able to represent myself as a buyer. 

Coming out of college I will already have 3+ years of industry experience and sadly, that is the main lesson I have learned from that experience.

One of main benefits of Owner Occupied is the exclusion of capital gains taxes after 2 years of living there.

I eventually would like to exit the construction industry and rely on my passive income as we all eventually would like.