I need recommendation on what are best options for my current primary residence.

Example: I bought a $200k SFH as a primary residence. 

One of the easiest ways to get into rentals is to add a rental unit to your primary residence or to purchase a home as a primary residence and then move out and turn it into a rental keeping your low-interest rate. 

If that house is still available I would get it under contract as soon as possible as a primary residence and then figure out the details in the coming weeks/months.

I am a family practice doctor that just barely finished residency training.

Our board’s mandate a new census card (sheet with current info of residents (tenant or owner)) be submitted each year and whenever there is a change.

@Mike Flora  I was at J Martins last Oakland event.. and Bruce Norris did the keynote and I sat with Sean at dinner.Bruce likes SFR and half the Q and A for him was exactly that when is the crash coming and how deep will it be.his comments now were geared towards west coast but I do believe they are germane in many markets.He feels a market is not heading down until 20 to 30% or more of MLS is foreclosure acitivty or short sales and in our area that boat has sailed.. there is very little of either.He did mention though that he felt MF was  to use his words  " FROTHY"  his statement was when he talks to other MF owners and ask them would you buy your property for what you could sell it for today or a like kind one.. it was a resounding NO.. which to him or his point was he felt it was over valued and at some risk for moving backwards.. and from my VERY limited knowledge on MF I suspect that only happens in an over build situation to many doors not enough renters and you have rental bonus wars..

I currently reside in Gloucester City and If you are not familiar with this part of New Jersey, it is directly over the bridge from Philadelphia.

That would take the pressure off and allow your mom to sell retail, if possible. 

Marvin.I think that selling your house and moving to a house where you can afford the payments is a smart move.That will allow you to save you cash which then you can invest that cash into assets that will produce cash flow for you.Your personal residence is not an asset.