CPA and CSS experts, can you help me confirm or correct my understanding? 

Double check everything before filing for any non payment of rent or to evict.

Keep in mind, even with this strategy, reassessment might still occur in the future.For a 100% seller-financed deal, ensure the terms clearly state the tax responsibilities and get expert legal advice to protect your interests.

This is my first time going non conventional.

I also want to avoid the insurance company issuing out a payment in both the names of the Lender and property owner .... which could lead to a dispute.For context, I lent money privately to another investor, who put up their non-homestead property as collateral.

We are able to add some of the expenses back to your income.If that is not enough, we can do non conventional (Non QM), and once you establish 2 years anniversary as self employed, we can use 12 months of bank statements.

Make sure to check local laws on separate non-relatives living together, I doubt 3 bedrooms is a problem.

Join a mastermind real estate group or community, or find a local real estate investor expert.

Become an expert on co living - guys last name is Wegert but he has been on BP.  

I agree with the overwhelming sentiment here that it's a bad idea... however, what about a non-alcoholic wine?