Your development deal will look much like a flip in the eyes of the IRS since it is 6-9 months as well you'll have the short-term side of taxes, not the capital gains taxing on it.  

In short, most likely yes but it depends on your entire tax picture.

Like almost everything else in life: Short-term pain for long-term gain!

I think if the industry as a whole was a little more honest with it self and with market participants you might not have as many waiting for something that is not likely to happen in the short term. if you need a house, you need a house. but, if you think something will change in 6 months you might be able to hold on, but if it likely will not change in the near term you might just bite the bullet and buy. 

A word of caution - this is a short term solution to mitigate the credit card load.

I don't think my manager does that for the short term side either.

Hi everyone,I’m a novice investor currently managing one short-term rental (STR) that’s been performing well.

Don't be obnoxious, but a few open ended questions may give you good insight into what your unit may be lacking and what people do like about it, to help drive future upgrades and marketing, and maybe help compensate for a shortcoming in the short term too.

https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...Short-Term Rental Loans: What Are the Options and How Do DSCR Loans Stack Up?

Long story short, I felt I wasted money, and gave up on the course entirely a month after purchasing.