Talking to friend seemed like both of them are almost same except for following:Withdraw period  - HELOC 5 to 10 years, commercial LOC 1 to 10 yearsInterest rates - can be same, depending on bankIn case of commercial LOC, at end of withdraw period account would be reviewed and extended (with balance carried forward) or closed depending upon situation.If interest rates are same in both cases, which one is better ?

I think that there will be a waiting period to allow my credit to increase a little before F&G begins applying for business credit, but I will keep you posted!

If you decide to rent it out, and sell it within the 5 year period.

Period."

It never hurts to rent for a period to figure out what part of town you want to live in before buying.  

Landlords can become tired and complacent over time...............one or more units stay unfilled for an extended period, or rents are left at existing levels due to laziness-it happens! 

Even if you lived there for a year or so and decided to sell it, you could theoretically even lose money on the sale, but what you gained from house hacking for that period of time would out weigh that loss.

@Brady Boyer your purchase agreement should include an inspection period.

In the meantime I would recommend to guests a nearby laundry mat if they're staying for long periods of time.

Still can't be touched, being a college kid and getting a 3.75+ is the easiest thing you will ever do in your entire adult life, period.