Or you could use it strictly as an Airbnb.

They both have strict rental rules and guidelines and I'm happy to have a longer conversation to explain some of those so you can skip the most obvious tricky parts! 

I had several properties I put bids on where they didn't accept my offer strictly because I was using FHA.

The laws surrounding tenants in a property you live in are generally different from properties that are strictly rentals.

There are DTI and Credit Score thresholds that you have to meet but the requirements aren't nearly as strict and it is literally the perfect option for someone looking to buy but doesn't have 20k saved for a downpayment.

I think the confusion here @Dymond Shafer is that the deals you do with funds for the Solo 401k are strictly for the purposes of building up that Solo 401k account (as it's own separate entity). , until such time as you can legally start taking disbursements as a retirement withdrawal.

Do you ever see a reason when going for an appreciation play makes sense over strictly cash flow?

Since I started my investing journey strictly thru stock and forex market, I think retirement accounts are a waste.

Can it simply be explained away or will it be viewed strictly as debt and, thus, negatively go against me?

We live in CT where it is strictly tax deeds.