You've put great details into it and structured it in such an organized way that even a newbie can understand the real estate process from the beginning of the acquisition process to the end of the disposition process. 

STRs also avoid automatic classification as passive if rented for seven days or fewer per tenant.To maximize tax benefits, maintain detailed logs of all hours worked on activities like tenant communication, cleaning, maintenance, and marketing.

@Desiree Board What about a duplex like this: https://www.realtor.com/realestateandhomes-detail/1650-Cohas...?

You've done a terrific job of detailing the components of each program.

Need more details. 

I will reach out and ask more about the details of the situation to better understand what went on.

Give them all the details, contact information, time lines, relationships, etc.  

I am not privy to the details of that from their perspective, but I would hesitate to assume the policies are the same; I don't believe they are.

I mean myself and any bank would need more details, but if you utilize that large sum as a downpayment and have a small mortgage, wouldn't you easily qualify for the debt to income?

Thank you @Samuel Coronado for all the great detailed info!