While a deposit is almost always preferable, you should make a common sense business decision based on the circumstances and condition of the property, in my opinion.

As a realtor myself, I’m open to any referrals or suggestions on who might be interested in such a distinctive property. 

Looks like more complicated circumstance than I expected.

Given our circumstances, would you recommend investing in another single home or a multi-unit (like a triplex or fourplex)?

(This requirement may be waived under certain special circumstances constituting good cause for a waiver, such as the loan being issued because of a bona fide emergency, with the lender obtaining written consent from the buyer to proceed with the loan without the disclosure notice.)The closing on a home equity loan must occur at a permanent office of the lender, at a title company, or at the offices of a lawyer.After the closing occurs, the borrower has a three day period during which the borrower may cancel the loan without having to pay any charge or penalty.

If you feel I can benefit from the Passive Pocket; then I need more details on it before jumping in not knowing what the circumstances are?

Well, okay a bit of an exaggeration, but they are distinctly different skill sets.The problem is you believe you've already achieved and I'm not sure you could tolerate someone else being the brain of the operation.

My loan officer is saying no, but the literature I'm seeing says up to 12 months delayed occupancy is allowed for special circumstances.

And great distinction to make.

The best method often depends on your specific circumstances, credit profile, and local market conditions.