Thank you in advance for your help. 1.

Guessing you are in the apprenticeship program => which is not stable enough to offset the 4 months.DSR might work with 20-25% down. 

It's nice to have you in the BP community!

You will meet a lot of great people here that will help you on your journey. 

@Aj Greeni have questions for you. how many lenders have you talked to? 

I have heard of this happening with credit card transactions which is why I ask.

I am trusting you have it set up with a service. 

Thank you for the feedback.

Inherently the steps are the same as if you were purchasing with financing save potentially less closing costs and ability to close sooner (if needed).The terms of your offer (ie -contingencies, closing cost splits etc) will determine what is different. 

So everything hinges on appreciation, which could come back with inflation.Primary residences are often not good rental assets.