Hi Kevin,If you can get your VA loan back by refinancing the one you have outstanding that might be a good option for you to take down 2-4 units.

He would then pay me a draw and I would be responsible for paying the draw back to the company.

For example, during the pandemic some materials costs spiked wildly, as a result of supply chain issues and shortages, but have since come back to reality.

If you can show 500 hands-on hours with your 5 SFHs, then you probably can piggy-back your LP on them.

There is a one car detached garage at the back of the property.I'm an absentee owner that rented this home out for 11 years with a management company and now I'm in the process of renovating it.When I'm done with the project in a few weeks, I would like to 1031 exchange it into another cash flow property possibly in Indianapolis IN, but I'm open to other active markets.

With a ton of equity, and by all means, we are wanting to take advantage of the 500k tax exclusion if possible.There is also a probability that we will move back into this home in the future, let's say in a few years or so.

But it’s not permanent unless you die you owe it back, maybe when taxes are even higher.

If you sell outright and take back a promissory note and mortgage, they get the deed immediately and you have zero ownership.

Appreciation.Your negative cash flow will be picked back up from the above three, so as a house hack I wouldn't sweat it. 

Shotgun style and has a nice fenced back yard.