I could also do a mix of 4 and 3, which would be to rent it for 3 years, maximize rental gains then sell it (to qualify for the tax free owner occupant gains) - although I would need a CPA to breakdown the depreciation recapture rules for me at that point, LOL.In terms of moving forward, I don't recommend moving out and leaving the tenants behind or having to put in new tenants afterwards.

There are plenty of people on this forum that have already learned the ropes and know how to run syndications, they probably have not put BAQ into the mix. 

I have a 5-unit mixed use property that I'd like to use RUBS (ratio utility billing) for until I can physically separate the utilities.

That doesn't determine your decision but make sure that's in the mix with all your other factors.

It is also a mixed bag of results regarding using any underlay and moisture barrier. 

Im particularly interested in those cases where owner lives far away (more than 10 hr drive- need to fly than drive) and where you primarily manage yourself rather than through a management company (may be mixed model?).

For me, the first deal is largely about learning, so I'm looking for the right mix of potential value adds but nothing too major.

@Jordan Murrell Roofstock is an investor's delight. 

I hope not.That said, don't mix taxes and legal.

@Calvin Ozanick  I would be delighted to chat, sounds promising.