Would finding a hard-money lender to get into the deal and then refinancing out to a DSCR product (maybe some type of portfolio loan) be a viable solution?

And consider putting a percentage into cryptos - sure, many coins may crash and many approaches are not time-tested, but also, there has never been such opportunities for life-changing gains as now exist in that space.Our wealth is spread between real estate, cash, stocks/funds, crypto, and a little in physical metals.

I think this is a great product.

Now there are some logistical items to consider as mentioned above but this is the entire purpose of the 203K loan product.  

Hi Dylan,You could go to W2 work for a year for an industry biggie, such as Greystar or Pinnacle (market rate properties) in Texas, (or where you are at now), for a year as a leasing agent and (boots on the ground) learn how to lease units, as well as get an understanding of how to be a first class property manager Learn things such as, how to handle maintenance, reports, people skills, evictions, cash flows, unit turns, problem residents, borderline qualifiers, flag flyers, parking disputes, physical confrontations, arguments, personal safety, etc....That would chunk out your 1st year requirement as well as put some money in your pocket while doing it.And if the economy nose dives, ride it out on the W2.Just my 2 cents.

Generally, if you're buying another home, it would have to be with a loan product other than FHA and make sure that you're not breaking any owner-occupancy requirements of your current loan.

What product are you looking for?

Hey Travis, you could go with a Non Qm product such as DSCR loans.

The administration is also trying to push this reporting on to banks for physical checks, but they are meeting resistance. 

For instance, instead of getting earthquake insurance, do they instead rely on the physical building/home being built in a way that it can withstand a big earthquake?