Going back to ordinary and necessary - if you own just one or two properties and spend thousands on your clothing with your logo on it - may be a bit of a stretch!

I will say my A class stuff can be like this for stretch's but C and D NO way no how..

As an investment, you would do much better with a short-term rental but you need to check the latest regulations.If you want cheaper property, you can look at Athens' waterfront, a 70-kilometer-long stretch of white-sand beaches and clear water.

First of all, a recast will save you money monthly if you are just paying the minimum payment, but it simply stretches your principal over a longer period of time and doesn't affect your interest at all.

I know it's a stretch, but does anyone know what strategy this might be and where I can find out more about it?

What it seems like you are doing right now is stretching and rushing.You have a good nest egg for your annual salary, you don't want to burn that all and have to wait a few years to build it back up again.

In the long post-2008 stretch when interest rates were very low, almost no QIs paid interest because there simply wasn't much. 

. $40k is a great starting point, but a 203k will allow you to stretch it far further and even create substantial forced appreciation. 

You have Non/QM - Bank statement program, if you want to buy an investment home you can use DSCR.If you need to streth income buying a 2-4 unit can help stretch your income by using the rents to qualify. 

Contractors are stretched nowadays especially the good ones.