Does this seem like a sound strategy? 

While that does not directly impact mortgage rates, it does have a knock-on effect that influences them.

This sounds interesting.

Bottom line, it DID expire, but then it revived and is now in effect.

I'm not sure if that is common but it sounds like the developers would not take any profit until the investors hit that mark.

I am not a lender, but they do want to see a decent amount of cash reserves, which is sounds like you have.

It sounds really absurd but true.I have heard about the title insurance endrosment but not sure why they could not get an affidavit from us declaring we will not declare this property as homestead in the future. 

I would only be in Cincinnati for that entire calendar year and then return to Charlotte to my primary home.Greetings Andrea,Your plan to house hack a four-plex in Cincinnati using a 5% down conventional loan while renting out your Charlotte home sounds like a solid strategy, especially with your remote job offering flexibility.

Account ClosedOkay-Sounds good!

It sounds like you already decided for yourself: sell it and sleep at night.The other alternative is to refinance to a longer term so it will cash flow, though by how much with these high interest rates is tbd.