With buying a home for personal use, what are the best months of the year to purchase where the cost will be lower.

but the $7000 to pay off the vehicle will only save me about $600 in interest whereas investing that 7k into another home or renovations, like adding a new bathroom to my current 3bed 1bath home, would yield way more than the money saved.

I have many GC's who have placed bids on conducting a full rehab / even new build, and the area is in a great neighborhood with $400k homes across the front yard.

Glue-down vinyl planks in homes that have really wanky floors.

A beautiful home for someone else to treasure and some profit for my father and I at the end!

Some exclude short-term rentals and if that's in the fine print and your home burns or is damaged in a storm, it's not covered because you acted outside the policy limitations.

As you mention I have been in 1000s of homes and a rare day when I hit a street or neighborhood I've never been in. 

Looking at purchase a first home but the issue is the homes we’d like to invest into in our area are far too expensive.

No mortgage paid= they lose their home.

FHA security instruments require a borrower to establish bona fide occupancy in a home as the borrower’s principal residence within 60 days of signing the security instrument, with continued occupancy for at least one year."