@Joshua Milam use a conventional loan to buy the 1st primary residence ..if you  are using some sort of special bond or down payment assistance  program - ask and  reserach the details  regarding the mon time frame  that you  have to reside in it  ...if using a  regular  conventional loan - then  you are  fine with the plan to  use a FHA loan to purchase a new  primary residence  MFR 

That's like asking if you'd like the make micro money or regular money.

I would consider converting it to regular unfurnished LTR, but we already have the furniture, etc.Make sure 1) you know the STR sentiment of the public and the politicians 2) have an exit plan if anti STR regulations are passed.  

But as we know, there is a big difference between information attained from reading vs.real life experience! 

One of the weird things about Pgh's and Cleveland's climate is that grass growth is simply not as EVEN or REGULAR as it is anywhere else I've lived.

Note, for long term cap gains, the gain gets added to your regular income for the purpose of determine the cap gains tax rate…..0, 15, or 20%. 

Is this a regular cadence?  

We had no experience investing in real estate, so we wanted to invest in something that didn't require as much of our time and while we spend most of out times at our regular jobs.

Change the water filters regularly.

SFHs in $170,000s to low $300,000s is much more attainable in my situation.