@Bob Green Thanks for the quick response.

It be nice to meet up with you for a quick meal at a nice spot here Downtown.

Quick background: Single mom with two kids at the time of move in.

I finished rehabbing the property and got it under contract pretty quickly. 

There will always be motivated sellers who just want to get rid of their property ASAP and are more willing to work a great deal with your investor.A quick question: what makes you think the housing market will crash by next year?

Thanks everyone for the quick feedback and I would like to apologize for not keeping this post active as I had to travel overseas and just now getting back into things again. --  I have reached out to the PM and he has reduced the price to a more competitive rate but it still hasn't found suitable tenants. 

Put down the Keyboard :)The statute specifically talks about unforseen circumstances as exceptions to the period of qualified use. 

Well I wanted to make some money but my exit strategies are quickly going south smh. 

Shoot me a quick PM and I will leave you my cell.

My main concern was that with a HELOC I would not want to carry the additional payment for a long time, so maybe investing in a flip or something that would allow me to recoup the cash within a relatively short period of time would be most beneficial?