For me, a primary activity is something I can do that directly leads to business if not immediately then later.

Has anyone worked with one of these businesses or something similar? 

However, we were basically gambling on every transaction at this point in our career.

,Bruce, holding a property for potential appreciation (i.e. not actively generating rental or business income) is a valid tax strategy. 

Not worth it for me, but I only have 3 dozen rentals and 4 business entities.Depends on what you have and what you're trying to do I guess.

This is typically seen in larger transactions with bigger check sizes but is also complicated to originate because an intercreditor agreement will be required by your lender.

Right now, I sit on about $60k reserves and operating expenses (I have other reserves for other business/life) and if that $60k dips down I let it fill back up, and as it starts creeping up I add to my "next purchase fund"- Yes, cash flow is lower and harder to find right now heading into 2024...but it's still out there.

However, the issue I have is that I only have 1 year of solid income from the business, the year prior to that is inadequate, and I know most mortgage companies require 2 years of income to qualify.

I plan on using a property management company in order to keep the property in order until I move (eventually I want to bring property managers under my own business entity to focus only on my properties). 

You have become an insurance company, only you didn't get a just premium.The potential of rent forfeiture is part of the business in reserving a vacation home, and everyone knows this going in.