We have two SFR rentals in Alabama right now, one duplex rental here in Indy, and we will soon be renting out our primary residence, which will be our 4th rental property. 

If you're talking a coastal SoCal duplex, the answer is probably no...it will probably not be cash flow positive (assuming a mortgage on the property).In addition to looking at non-traditional types of property, there are also some lesser populated areas of SoCal. 

@Tobey Scadlock You won't be able to apply for an homestead exemption until; 1. you quiet title on the property and 2. it becomes your primary residence.   

Considering buying a duplex as primary residence.

I have alot of equity in my primary house and have additional in a second home.

I know how to do this with SFH residential by going through wholesalers, but that doesn't work with commercial.The only channels I know are traditional retail listings like LoopNet.

Otherwise, non-medical HSA distributions are treated like Traditional IRA distributions in that they are taxed at the earned income rate.I'm not a tax specialist.

The other post pretty much stated, do not get a place if it does not cash flow.Here's a hypethetical scenario..I can get a cash out refi on my primary residence for around $120k in my pocket (330 total, pay off house at 210 left on mortgage) that would change my mortgage from $1000/month to $1900/month.

I think we will just try to rent it the more traditional route as a yearly or monthly lease.

But I don't know what would be a better option with the money.Option 1: Build a Garage with a 2BR apartment on my primary residence property.