We went through a local company for an FHA loan and were approved.

I will only live in one of the units 4 out of the 12 months of the year because the other 8 months I will be with the Angels organization, during that period they provide a place for me to live and also food, so during those 8 months I would have more money I could save up and use in my house hack.

Experiencing these first hand in your own home provides greater flexibility while you figure this whole racket out.Thirty years ago, I was fascinated by real estate opportunities in an emerging market (Brooklyn) and spent lots of time looking at cool warehouse space in places that are now 30-50 X the price. 

Then they get the appraisal done, and the ARV looks too low, so they have to cut leverage to the 70% LTV loan amount. 

I provide details of the deal, my background and experience in Real Estate and will provide more than that upon request.As a lender, I want to see much of the same.

.#1 Better Location Selection:Single-family homes with ADUs provide more flexibility in choosing prime locations within these markets.

The only change to the existing law was to expand the definition of "Provide real estate brokerage services" to include the following:Regardless of whether the activity is engaged in for another person, engaging in the buyer or selling, offering to buy or sell, or marketing of real estate or otherwise dealing in contracts, including assignable contracts, for real estate or options on real estate, on two or more occasions in any 12-month period.Principals buying and selling on their own account clearly fall within this expanded definition.

And pay off those student loans as quick as you can. before they eat you up.

Also, the IRS for some reason doesn't provide instructions on this matter.Just to cover some basis... 

Lenders who understand and specialize in such properties can be more flexible with their criteria.One approach is to ensure you provide comprehensive documentation on the property's potential and zoning specifics.