@Varinder KumarIf the cash flow from both properties covers all three mortgages (including the HELOC), and there's positive cashflow left over than you should be good.

I am looking forward to contributing to the forums, especially topics including: financial analysis and underwriting (a class I teach at UCLA), leasing commercial properties, and flipping v. renting (via my former position at American Homes 4 Rent).

Would love to hear some of the positives and negatives from the community.

I own a rental which was my primary residence for 6 years with a few partners in West LA. 

My passion is to invest in real estate as well as provide my level best in assisting others with their Real Estate needs.I look forward to engaging and being involved in reading/analyzing as many blogs - books - podcasts - personal experiences to which can help benefit me and others positively within the realm of the Real Estate industry.Thank you for taking the time and reading my post.

I already get the impression they will be reluctant to leave, how should I pursue this, as I do you want the unit for my primary residence and I would like them to move out within 45 days?

My husband and I might be the primary lender to my mom to help her purchase a property  as her primary residence.  

Well when I went to withdraw the money from my 401k I realized you can't unless the funds are for my primary residence.

If you dont own  a primary residence then just buy with the 3.5% down and live in it then sell when you can make enough profit to make yourself happy.

I've been waiting to stack this FNMA guideline change on top of Oakland's new positive view of in-law units to put a very unique deal together (oh stars and moons, why do you make me wait prior to aligning?)