The rent amount they offer is quite tempting and since I always have a difficult time to rent it out, I have been thinking about it seriously. 

One of my bigger concern is not knowing how difficult and how long it takes to liquify a fund and have the money ready for the down payment?

He mentioned that I could roll my mortgage balance into a HELOC.

What you described is normal wear and tear in the eyes of the court and it is very difficult for a landlord to with hold your security deposit for that. 

You could use balance transfer offers, as long as you are able to make the payments and transfer or otherwise pay off the balances when the promotional period is over.

Hey @Paul Juell, I’d be careful with this approach, the resell portion may be a little more difficult in the lower class areas in Tucson.

I understand it’s difficult to house hack a cash flowing property, however, my intention here is to reduce my monthly living costs and get my first deal under my belt.Below, you can find my initial house hacking analysis for a property in the Boston area.

However, finding them for my state (Nebraska) is difficult. 

Either one of these options may be difficult to justify if one tenant is home all day every day with utilities running like crazy.

I know Freddie Mac now requires 25%, but finding that extra 5% will be difficult for me at the moment.