and fooling with HUD would be a federal offense.. not worth the orange jumpsuit

For example, the Federal Housing Finance Agency has extended its foreclosure moratorium for single-family loans backed by Fannie Mae and Freddie Mac until August 31, 2020.

You subtract your $400k purchase price and your profit is $180k, (maybe $40k in federal taxes?) 

Unless Uncle Sam has collected his and the income has been federally declared, it does not exist in the STR world which is why you are having an issue using it now.

So they’ll owe about $60k and you’ll owe about $26k in federal taxes.

I receive a K-1 for all 3 for my federal taxes.

Ask them what their Federal Lending Limit is and see if that fits your scaling plans.I would talk with the larger loan outfit. 

(g) Any federal Internal Revenue Service liens that, pursuant to provisions of federal law, are not discharged by the sale, even though the tax collector has provided proper notice to the Internal Revenue Service before that date.

I was pretty sure all US mortgages were due on the 1st but not late until the 15th by federal law?

Although most states have adopted model disclosure regulations promoted by the National Association of Insurance Commissioners, no state or federal agency requires them to mention such basics as investment-­management fees, rate of return, and (with the exception of New York) sales commissions.Insurers also don’t disclose what part of the annual premium goes to pay the life insurance vs. savings components of the policy.