Creative Financing on a Triple House deal

[John Larson]

Looking for ideas on how to put this one together:

We have an accepted offer on the house next door $196k.  My wife and I want to move into it.  We own our home ($250k with $100k equity)

My daughter wants to move into our home.  She owns her home (180k with 90k equity) and wants to turn it into a rental.

Daughter cannot qualify for a $250k loan to buy our home but can qualify for a 196k loan to buy the one next door.

One possibility:  Daughter buys the house next door and we live in it and she lives in ours.  She then uses the income from her rental to pay the loan on the house we are living in.  While we continue to make payments on our current home.   Is there an "owner occupy" problem here?  How about income tax problems?

Is there a better way to put this deal together?