@Dan Creed, this is honestly in line with my general costs, but it will also depend on finish level.  

no financing costs whatsoever. 

But if your gains are, say $250k, and you lived there for a year, you'd get the primary home tax exemption up to that $250k. 6 months, 125k.

Since the interest rates are high and rent's wont cover mortgage , i'm ok with paying money every month with hope equity build up and rates going down in future  .

Fill all vacant units within 2 months.2.

Do you pay closing costs to them? 

Was just transferred 4 months ago.

@Mat FisherMost programs are very expensive which is why it’s easier to pay a servicer $25-$35/month th manage that process and they will also do all the tax forms and handle escrow

Hi Jayson, In some cases it can be a great decision.Take a look at the cost of capital the HELOC or refinance is going to give you compared to what you are looking at now.Also look at the income generated/write offs/appreciation that a rental property is going to give you.If it is going to yield you positive results, I say go for it!

During and after COVID I ran into people that had "Vouchers", but it had a 3 or 4 month expiration date.