Perhaps you have coverage for the replacement value BUT the insurance company when calculating the replacement property uses modern building materials like drywall but your original house had plaster which is much more expensive.

I'm speaking of co-living in a typical A or B level neighborhood house, so instead of a 20-25% down payment, we are speaking of a 1-5% down payment. 

If you walked into a bank, your pre-approval would likely never qualify for a house hack duplex.Did they count 75% of the expected rent towards your DTI? 

Same with houses and the MLS.

I see that you recommend NOT having my mom deed the house over to me in order to borrow against it.

Quote from @Jeff Calcaterra: We have a potential tenant new to the area who has gone through a paid background check, signed a background check authorization form, sent us a LinkedIn profile, sent an offer letter and says he is willing to send us paycheck stubs, but says he doesn't want us to call HR to verify employment because he is supposed to have found housing already.

My plan for this year is to remodel and upgrade the house to then put it to cashflow either via short/long term rental.

The first agent is absolutely certain the house will sell in the high 400’s.

Goal here is to use the VA's 0% down on a multiplex and rent out the unit I'm living in after 12m.
The mental gymnastics I'm going through is how exactly that would work without committing fraud.
Can I refinance m...

for movement or settling, 4) Maybe most important because it's so hard to correct...the grading at and around the house.