The reality is, there’s no “one size fits all” answer as to whether it’s a good time to buy or sell a home because everyone’s circumstances are unique.

There will be unforeseen issues that arise when managing yourself.

If vacant however the rate is usually a few ticks higher, also some lenders may require reserves to be held in escrow under those circumstances.

I'm always about laying out all the best options my customer has in front of them, have them make the best decisions for their circumstances and then go forward from there. 

In all but extraordinary circumstances, this is a great option.

There is a lot of unforeseen issues that will likely drive your cost about your budget and drastically reduce your profit margin/equity in the property.BTW, I like your positive energy to get this done.Goodluck and update us on your progress. 

Elements such as low tri merge, low appraisal, unforeseen property issues are the main reasons I switch to other programs but I personally have not had a lot of issues with full doc IP purchase/refis vs DSCR Non-Qm clients.

It is part of Airbnb's extenuating circumstances policy.

Obviously it won’t make sense in some circumstances, but if you have a single family with a yard, it’s a win win.

Over the years, my life circumstances have changed and I've moved to the Puget Sound area (about 1-1.5 hours from Seattle).