My plan would be to live in one room and rent out the other 4 bdrms for one year, and then move out and use it as an STR.So, my question is, If I was to go the route of FHA, could the Lender take into consideration that I would be renting out the other rooms to help with the monthly debt?

While inflation continues to rise you'll have the loan locked in and a resident paying off the note for you while the value of the house continues to rise (if you're in a solid area). 

I have seen buildings that took up a considerable amount of the land leaving little for parking and it worked meaning the design layout of the plans was well thought out by a good Architectural engineer.

Most people use a quit claim deed and put either $0, $1, or most often, $10 as consideration.

None of the examples you mentioned rise to the level of discrimination.

Are you in a market like California that sees considerable equity growth?

-WE ALL RISE TOGETHER.

The steeply rising crime in CR over the last 5 years does concern me though.

There are closing costs to consider if you do sell so I'd also take that into consideration so that you have an estimated take-home amount before putting it up for sale.Best of luck to you moving forward!

The current inventory is low and prices are on the rise, but deals are still out there.