So, if the commercial space is smaller than the residential space, then a residential loan should be ok?  

The problem was that mortgage financing wasn't readily available and so the upfront capital investment was just too intensive. 

So if you used the $100k from your refi to buy an investment property, then 20% of the new mortgage interest becomes deductible on Schedule E against the investment property.Interest tracing is basically a concept used to prove that the $100k was indeed used as a down payment on that property and not for your new Ferrari.

A conventional route would be about $3800 a month vs a $2400 Month.Also would it be possible to do seller financing until the loan assumption happens, or if the assumption falls through, how could i refinance the home to be the conventional that I am already approved for at the number I bought it down. 560k off market when home is probably 580-600 Comps but seller owes 380k. so Thank you all for your time and help.

I lived there 7 months while updating, then moved out so it’s now a rental What made you interested in investing in this type of deal?

BTW, I am not a real estate agent so can't help you with agent-related stuff. 

However we've been hearing a lot about how lucrative Airbnb and 30+ day rentals are, even to businesses/government agencies/etc. so are looking to connect with someone in that space. 

The nice thing about real estate investing is that there are SO many opportunities and strategies to help support your short and long term goals.

Been awhile since my last BP post so I'm happy to be back!

So now it will be a 4 year redemption period.