This is like asking: "Hey I just got a cavity this year and I was wondering if I should just try to fill this one myself or if I should have a dentist help me out"(Above comment meant to be humorous, not trying to be rude)Get a CPA.

My loan officer today said I could buy a 200k house, live in it one year, reclaim the remainder of my benefits and buy another $200k house, pay only closing, then even have enough remaining entitlement for a 3rd house at 0% down. the only problem is when you put 0$ down, the rent you make and the mortgage your paying are the same thing and there's no cash flow at all.I meant it adds to your options to acquire properties.  

If you meant you are looking to purchase a new home for yourself to owner occupy and rent the current one out, that is ok.

@Persephanie Arellano I totally meant to post to you earlier.

I have found that:1) Appraisers sometimes make mistakes.2) Appraisers never admit they have made a mistake.It's possible that the appraiser meant to increase value at $100/sq. ft. and missed a decimal point.

But the amount of the bid meant that I was willing to spend money on those little extra tasks since the overall bid was reasonable to me.Well, the work of the contractors has been very good, I must say. 

I meant drive around and then look up the lot on the property appraiser's website for the owner's address.

I understand that buying a property to Airbnb isnt feasible for everyone but I started Airbnb'ing by househacking and purchased my first one with a USDA loan which meant I only needed literally $900 to close.

Does anyone know what is meant by that?

What is your differentiator from othersThis is not meant to be a dig, but I hope people read this and understand real estate is a long game and you should tread lightly.