I don't think in this market I would be putting much weight into the 1% rule.

Complete different category.

Most cards have some sort of reward program... and category bonuses for 2-3X points on travel etc (in plastiq, you can specify what type of vendor you are paying and they will run your card accordingly...don't try to cheat it). 30K Starwood points on my Amex gets me about 3 nights stay in a 250$ a night hotel.Deferred payment.. you can skip one month of payments if you time it right because of your credit card terms.. 

Alternatively, there is a category of loans called non-QM.

I agree, the term itself seems to have been the result of backroom jargon as any pool sold or collateralized will be based in part on the WAM, Weighted Average Maturity of the obligations.

They also need to have good exit strategy either wholesaling or flipping or rent it out for forever....they are very different than just buy in mls and flip it around strategy.I still remember there're three or four category of State tax deed regulation, is the OP knows about it ?

  ^ To touch on this point, Jerome Powell just recently said this exact thing as one of his two trains of thoughts:To hold rates longer, and put some weight on it OR to jump up it quicker and hit it down hard faster. 

Unfortunately my residence does not fall into any of these categories.  

And give more weight to a business owner providing you a suggestion rather than just some broker saying "I can do it".  

The zoning department did admit that they were tracking the property as a 4 unit multi-family and had no intention on enforcing the current zoning as a lot of properties in Old Louisville fall into that category.