you'll probably still need something long term like software as others have suggested but this was a thought i had... you could see the actual profit or loss from a tax perspective for each property.

I am thinking of starting with rentals, be it short term, midterm or longterm. 

While OZ investments offer significant tax benefits, assess property risks and long-term potential beyond the tax savings.This post does not create a CPA-Client relationship.

Congratulations and I wish you a ton of success for you and your little one.

What about refinancing  costs or what ever costs that occurs at the end of the loan term?

Bottom line I guess is whatever you do with those parcels it is important that first time home buyers can get financing long term. 

The one that's short term and don't cost me a lot to initiate/originate.

However, I find myself uncertain about how to structure such deals and whether I could successfully secure them.I was wondering if you could offer any recommendations for educational resources that might help me better understand and navigate the intricacies of creative finance and seller finance deals.

We'll be househacking and renting out the other side for about a year to satisfy the terms of our mortgage. 

Or does your financing terms require you to do something else (which is why we need to ask question #2).Maybe the original poster will respond as well but those are the 4 items I would tell you to uncover.