I want to share my initial analysis and determine if I should try to flip the deal or buy it as a rental.

To fully disclose no interest deals they would almost need to be CPA's and they aren't close I'm sure (but you may have some as students).A seller or a buyer has no control over imputed rates by the IRS, they determine  the  rate. 

This is important to determine the health of the business versus a percentage of the rent they pay you.As an example a business doing 1,000,000 in sales you generally do not want to see more than 10% going to rent or 100,000.4.

The value of an option can be determined and in residential transactions most don't go through the brain damage of properly valuing an option, generally it is no more than 10% of the strike price or sale price. 

Spend some time learning about the different strategies and determine which one(s) fits your goals, your current situation and your personal strengths.

We remain focused and determined to continue our presence and seek new and exciting opportunities.

The assessor has to determine some market value to plug into their assessed value formula but it could still be way off.

@Anthony StandardYou may want to include the Solo 401k in your research for a self-directed retirement account, unless you've already determined that you are not eligible for one.

You can also start claiming depreciation for your soon to be rented house, but (someone correct me if I'm wrong), you need to determine the market value of your primary residence at the time it was converted to a rental.

The majority of the guidelines lenders have for your loan are determined by the end state investor rather than the mortgage company itself.For flood insurance you are not required to get it everywhere.