I currently reside in Orange and all my portfolio is out of state.

They need some help in marketing but really need our help in navigating the documents and making sure only qualified people come through their home.

Ask them the terms and conditions for qualifying.

I was having an informal conversation with a lender yesterday and he mentioned that house-hacking can provide the benefit of more favorable lending terms, but I didn't get the full details...I'm seeking insight as to whether purchasing a MFR as a personal residence (house hacking) can allow a smaller down payment (20%) or more favorable interest rates than if purchasing a MFR and renting out all units.

I reside in California and focus on multi family projects for my investors out of state.

If I transfer the property right away to an LLC it could take a year for the LLC to qualify for the mortgage as I understand it.Does anyone out there have any ideas on the most efficient way to get the ball rolling?

It must be owner occupied, but we do take into account the rental income so you can qualify for a decent loan amount.

Anyways, most of the time, banks will NOT allow money from an Unsecured Line of Credit to qualify as the Money Down needed for closing a deal. 

I first jumped into the market by purchasing my primary residence in 2012 (which I recently sold for a profit in May 2016).  

Doesn't the occupied unit qualify as "the only rental unit owned by the landlord in the building"?