So short of a pandemic wiping out a chunk of our local population or something else of that magnitude, there is not really much that can change these circumstances driving supply and demand.And without changing the circumstances, the results will be the same.

I only mean here that it would be likely that you could have closed with another bank even under your circumstances. 

Under all other circumstances I would respectfully agree to disagree with someone who has a difference of opinion.

He can keep thing going as they are (not growing in our current circumstances) but knowing we’ll have a newborn by new years he is contemplating freeing up his working hours during the week by selling the IT business which should allow him to grow his online business, without taking much more of his time.

I am not sure what the status of it currently is — already capped, I imagine.So based on my current circumstances, and in alignment with your suggestion, I was thinking that the best option would be for me to continue to live in this condo, continue saving up, and then combine my savings + pull equity from this prop to invest in an affordable investment property when I can, ideally after a year or so.

I've got a deep discount on a truly passive STR.I've got a lead on a deal that can be purchased almost $100k under list price given the circumstances.

You can find loans anywhere between 0-5% down depending on your individual circumstances. 4) I am unfamiliar with jacksonville laws and regulations, but in general, a property with unused space is ideal for these conversions.

I think you're correct that Worksheet 3 kinda clarifies things a bit more, especially with the obvious distinction between "Home" and "Business" gain/loss worksheets at the top and following thru.

The roof leaks and has to be repaired by the time the rain comes and there's no heating or AC units.The partner’s focus on finishing the project to perfection rather than timely completion has further delayed progress, and our financial situation has worsened as we struggle to pay the mortgage.Given these circumstances, we’re considering selling the property.

Its definitely distinct from Hard Money in many many ways.