And for sure in the BTR products that are basically built fast and to much lower standards than our builds I can see issues with that product. 

I don't intend to keep this up as products are updated.https://airtable.com/appQfAgO7szJR58b2/shrZwR7x8Zpd2zkpJ

or any kind of product that will help me tap into the equity of my lot. 

@Brock Mogensen, I scheduled a demo with their team and it looks like a great product.

He provided a list of staging products, and now we’re realizing just how expensive it is to get the house ready for Airbnb.

There may be some products available through a brokerage that requires less, but you may need to do a little digging. 

Because of the design issues and how sprawling they build (meant to be a suburban product), they valuations are going to be lower than an urban or urban adjacent infill lot.

Interest only on 30 products used to be decent but now for what you save in the interest only period you really pay the price later when that period ends.If you are getting under value by 30%, then a plain FRM should work fine. 

I don't understand why anyone would take that approach when trying to sell a product. 

I would suggest you use a different non-qm loan product that allows for family members to occupy but doesn't require you to make it a primary residence.