I simply want to find a job that is closer but still pays well.I feel as though house hacking would be the only option I can do right now in time but I also don't know if I enjoy my position enough to gamble that I would be here longer than the next few months.

If you don't know what your buyers criteria is then it's a crap shoot and that's something I don't want to gamble with.

Sometimes its the gamble you have to take.

In my opinion the last down turn was easy to see Then again I live in FL and have friends in Miami which was, if not the epicenter, then at least close to the center of the cause of the crashTens of people from Miami and Tampa went to jail for fraud for literally tens of millions of fraudulent loansIn my experience the mortgage companies and banks are now much more rigorous in their researching mortgage applicants.

It's a gamble, and it's rigged to benefit the house.

Not having the right capital and right fix and flip can put you in a really hurt position especially if you're gambling your families money and wind up in a stuck in the middle position. 

Yes our research says that it would be a gamble and not  much cash flow if any at the1500s.

Anyway, the reason I wanted to ask was because I didn't think a bank employee would suggest something fraudulent but his solution did not sound right to me.Refinancing my first house with a conventional loan as an investment property is not something I had thought of, I will definitely be looking into that.

Saving it for equity growth is a gamble.

That appraisal fee was a gamble, and it doesn't always pan out.