If/when you do move, renting your vacated unit will provide even more cashflow.

As a property manager, it's crucial to understand the nuances of these fraudulent practices, recognize the signs, and implement strategies to mitigate risks effectively.Understanding Rental Application FraudRental application fraud occurs when a prospective tenant provides false information on their rental application in an attempt to secure a lease.

From what I can tell, the extra equity on the house could be utilized to provide better ROI.  

Some level of protection will almost certainly be provided as opposed to some sort of outright ban.  

Multi-family properties many times provide a better return per square foot than single family, which would be to your advantage as well.As long as you're mindful of the reinvestment requirements and purchase at least as much as you sold and use all of the proceeds, you shouldn't have any issues with this strategy.

Lease Terms: Determine a monthly rent payment that covers the HELOC repayment (interest and principal) while providing some positive cash flow for you.                    

The platform aims to provide investors with everything they need to run and scale a successful real estate investment business in one place.

You must provide accurate, current, and complete information during registration and keep your account information up-to-date.

The first mortgage will provide a payoff to the sheriff/court and the funds from the auction go to them.

If multifamily properties in your area are priced well, it might be worth moving forward sooner rather than later.Risk Tolerance: Since you’re the sole provider, it’s crucial to ensure you have a solid emergency fund to cover unforeseen expenses, especially during vacancies or repairs.Long-Term Goals: Think about how this investment fits into your long-term financial goals.