@Steven Hamilton II works with a lot of these more specialized situations and may either have the expertise himself or know somebody who does.

In my situation I would THINK that since I lived in the property first, then rented it, as long as I move back into it and live there long enough to satisfy the 5 year look back, I'd be good to go exclusion wise. 

Then try to sell at a premium.3) Hold onto it long term and put a corporate renter in one side, and a long term tenant in the other to maximize cash flow.I suppose there are two questions there.What's the best way to use a HELOC in this situation?

All, I have had this exact situation a couple of times while building my portfolio. 

At the same time, what you are doing won't be scaleable and can rapidly degrade into a situation where you are being taken advantage of, unintentionally or not.

Hi Laura RennerI might be able to assist depending on your situation.

The tax situation is entirely different, and it is therefore an apples-to-oranges comparison.  

Hi Everyone,I need some advice from the community.  Last year, I sold my house and decided to rent a townhouse in my area.  Our lease is about to end on July 15th.  I spoke with the landlord about the option to purcha...

Without diving too deep into your situation, I would also suggest you work to stabilize your income if you want to go the Fannie/Freddie route. 

It will all depend on the math for your area(s) and situation.