It's an extra layer of annual paperwork that gets you absolutely nothing in return.

Quote from @Jaikevis Reams: In order to put a property under contract I need to provide proof of funds I know that I can get that from a hard money lender but I don’t meet there criteria for a loan approval what should I do? 

Quote from @Victor Yang:In addition, is it possible for me and my wife to gift 36k worth of equity per year of the house (under the annual exclusion limit) and therefore have none of the costs go towards the lifetime gift limit?

Layer on the ability to invest the funds that otherwise would go towards the down payment and transactional costs and you likely come out ahead in such a short term horizon renting.

We take the T12 roll it forward, we strip out anomalies and one-time expenses and then layer in base assumptions and any known large expenses that are planned for the next 12 months.

Are you agent yourself and what makes you say that you'll avoid buying a home under 1000 sqaure feet again? 

Last year, I purchased a SFH under market at 7.65% interest rate and did some rehab to up the value.

.: @Jaycee Greene flip and fix, under 150kSomething like this: https://www.realtor.com/realestateandhomes-detail/1542-Haine...?

Unless you revise your plan and ensure that your personal use is under 10% of the rental use.

Even better, I might be able to snag it well under market value since it's an estate sale that's been sitting on the market for nearly 200 days.Here’s the challenge: while I could afford to purchase the property under market value, I’d be stretching my budget thin to cover the mortgage during the period I’d be remodeling the basement to make it rentable.