I also had that one broker mention a renovation loan, something I am not familiar with at all, but maybe its close to the same as a construction loan for a new house which I did do when we built our primary residence.

I'd like to purchase a second property for a new primary residency but keep my current home and rent it out. 

Investment Info:Single-family residence note investment investment.

The last town I lived in (in hindsight, probably too small to live in :/) many of the traveling nurses and other non-resident staff were supplied by a third party company.

It's a single family residence near a small college.

Especially if it's also a primary residence and they could house-hack with Airbnb/short-term rentals or a long-term rent your rooms. 

Owner occupied residence qIadplex and below my understanding-you have to occupy the unIt withIn 60 fays of purchasing It for It to be owner occupied -you can write off the interest and property tax to lower your overall income to a lower tax bracket.

Anyone know if these banks offer HELOCs on investment or secondary homes, not just primary residences?

I'd be more concerned with getting your residents water back on as you have the responsibility to do that as the landlord. 

Investment Info:Single-family residence fix & flip investment.