After 10 years this would be a difference of $120K on one home vs $600K on five homes (not counting compound growth).

I don't think that can count as income, nor do I think future income from roommates will count.

Not sure about loan LLC situation but if your investment properties are with you LLC then you can use that to count as income.

Also be aware that you cannot count on Airbnb Cover, you have to jump through so many hoops to get your money for guest damages.

@Tanner Lewis the new build 4plex is already prepped to be built the builder is just waiting for a buyer before they start the project. so i wont have to go to a hard money lender. how its going to work is 10% of the total cost so 77500 i will have to upfront deposit to the builder. the builder will then go to get a construction loan and start the project. after 6months if i back out of the deal the builder will keep the deposit, if i continue then that deposit will count towards my down payment. and the cabins i am thinking to maybe build myself with a blueprint/kit or have a local builder help me with them. i dont want to do anything crazy just a simple but aesthetic cabin. but yeah will require examining the land and getting permits and all that.

If you are looking to buy as an investment property, perhaps it's not a bad idea.If you are looking to buy a new primary with low down payment, in order to circumvent the DTI issue, you need to provide your lender with a lease and two months' rent for your departing residence at closing, so that the debt-to-income ratio is not an issue with your first home being counted against you when buying your second primary residence home. 

Can I still count it as income?

Don't count on your insurer to tell you every dollar to which you're entitled to pursue a claim. 

As long as the home appraises the equity should count as your "down payment". 

Also, focus less on bedroom count and more on sqft.