Another question...If I do a value add like a rental box truck will that be factored into my property evaluation?

I think there are 2 factors in place. 1) There is a lot of money in the system and 2) Higher mortgage rates will price many people out of the market.

I feel very fortunate to be in this position where I have adjusted my lifestyle over the last year or so to allow myself to live frugally and free up some extra money. 

Federal loan interest rates currently sit at 3.73%, roughly the same rate as a 30-year mortgage, but is 0% until May 2022.Some factors I've considered that make this taking this $4,000 attractive:- I may be able to obtain lower interest rates with a larger down payment, offsetting student debt interest- Avoiding PMI by making a down payment over 20%- Booming housing market in my city with consistently increasing equity- Living several years in the home leaving time to grow equity, potentially making much more than I owe in student debt While all this may be legal, my biggest question is this - does this sound like a smart investment strategy?

I'm just curious how to factor raises in that/potential missing winter seasonal stuff in.

Because if she's not on title, she can be a first time homebuyers/owner-occupant for any home she wants to buy, and take advantage of the preferential interest rates for owner occupants.Another factor is that if both are on the loan, they will both be liable for the entire debt, and it will hurt them going forward because of debt to income ratio if they want to buy more properties.He can always give her a life estate in the unlikely event of his death if it's an inheritance issue.

I start to look at different factors such as property tax rate, crime levels, rental rates, commute to work, whether the area is land lord friendly or renter friendly etc.

Both of these factors will bring your mortgage payment up. 

@Shane Zilinskas DSCR is not the only factor that banks look at.

So, cost of maintaining the LLC in your state can factor into the decision.