Stepped Increase EscalationWith a stepped increase, the amount of your lease will increase periodically a pre-determined amount.

So again, if the CA property is an investment property he could 1031 out of CA and into a number of other investment properties including a condo that he would continue to use as investment for a period of time and then he could convert it into his primary and move in. 

Over what period of time are you talking? 

@Lake Ingle I believe @Kevin Dougherty said it all - seasoning period depends, have a great team and understand the comps. 

I was wondering if the lender you used required a minimum period before the cash-out refinancing ("seasoning period", typically 6 months based on what I was reading).

My credit score is a 710 but I haven’t had credit cards or loans for a long period of time. 

I recently finished with all my renovations and this time decided to Seller Financance, the issue I am having is I have a buyer however I have not reached my 6 month seasoning period to refinance and get out of my Hard Money Lender.

Yes, HELOC would be periodically refinanced as equity in my house grew.

Read your contract; notice period is probably 30 days.

Short hold periods vs long and condition at purchase make a big difference, therefore, using scaled charts may work in some cases and not in others, placing us right back where we started.I do like the floor figure of $150 monthly, however, that may be too low in some cases too.