Rent the three extra bedrooms and get $2400/mo.

This should be sufficient to exclude the $2600 termination fee from your DTI, as it confirms the lease obligation is ending.Best regards,Drago

The low loan amounts may not help per each property but if someone will give you money to purchase all three and you'll have money for closing costs this could be a way to proceed

A good rule of thumb is to ensure that the tenant’s income is at least three times the monthly rent to ensure they can comfortably afford it.The process typically starts by collecting a rental application from the tenant that includes personal details, employment information, and rental history.

Can I even break even if Summer rental season is a max of five months, and more likely three?  

Learn which version is right for you in this detailed QuickBooks Online plans comparison guide:- QuickBooks Online Simple Start: Have employees and issue invoices regularly- QuickBooks Online Essentials: Assign hours worked to customers, track bills due, and provide access for up to three users- QuickBooks Online Plus: Best for retailers, wholesalers, contractors, and other small businesses requiring property cost, inventory tracking, budgeting, and access for up to five users- QuickBooks Online Advanced: Best for small and midsize businesses (SMBs) seeking fixed asset accounting, advanced reporting, custom user permissions, a dedicated support manager, and access for up to 25 users You can use it as a property management software to track lease dates, record maintenance request and moreNothing is confusing to use if you learn it.

In that case you could live in one (assuming you qualify of course) using owner occupied financing on that particular property and investment financing on the other three. 

This money WAS going into three SFH but I believe these homes will drop in value in the next 24 mo.

Now if you looked over the course of three months and see consistent deposits, that might make me feel better. 

(Mistake #4, never assume nothing will happen again.)Yep, Another fire, three weeks later, this time on the second floor and A LOT of damage.