However it used to be our primary residence and we became accidental landlords when we moved. 

Can you share a link or information about your workspace set up, and what your primary uses are for your business.Thanks in advance!!!

Happy to hear or connect with anyone who rents their primary home out while living there in Denver.

Then your cash flow is great or you can refinance and pull all the cash out for another deal.Here is what else I like:You purchased it for $150,000 and loan is $138,700 so you only have $11,300 into the property which is only 7.5% down payment - I am doing 25% down with traditional lenders!

Only one primary residence per individual or married couple qualifies for the Louisiana Homestead Exemption. 

It will depend on the specifics of your market, but in some of the vacation communities down here Big Bear etc. homes can sit on the market much longer than they would if the primary buyers were going to be owner occupants.

How long do I have to wait to get accepted for an FHA loan after I have sold my primary home.

I call this my "self-funding" model.I have talked to a few larger banks (who love my income, debt ratio, cash flow and FICO score) BUT will only do a HELOC on a primary residence or a 2nd home. 

@Nav S.You're allowed a cap gains exemption on a primary residence as long as you lived in it 2 of the previous 5 years.

@Jim Brandt , Unfortunately, a house that is in your name and used for personal purposes for more than 14 days during the year, or more than 10% of the number of rental days if greater, is considered to be a residence (not a primary residence).You are deemed to have used a property for personal purposes when it is used by: Anyone who rents the property for a price that is less than fair rental value.So the house will not qualify for rental property or investment property.