I think of if I had to buy my first house two years ago when I was just about to get married, having a variable income with no cash flow supplement, it would be a dramatically tougher situation.

Gotcha, lots of variables to what you have.

@Forrest Brown,In addition to the other advice and variables you're juggling here, you should know that California makes it a little more difficult to sell and 1031 exchange out of state. 

There's many variables to consider regardless if you lend directly or find a broker to deploy your money. 

And most are variable rates.

There is a lot of variables in your question.

Are there variables based on scope, cost, duration, etc?

Maybe selling into something with better numbers or lower headaches is the right decision for you, however I want to encourage you to speak with a few different experts along the way so that you can account for all of the important variables. 

If you do want to stick with FHA, you'll need at least 2 years of receiving OT since it's considered variable income.

There are variables that can have terminal rates lower than initial rates, supply and demand as well as interest rates are a few.