And you're right, there are some special tax considerations to keep in mind with that.

  : ) And, I imagine that's why you're hiring a professional for these matters, you can't be expected to know everything about US income, estate, gift tax, etc, nor dedicate the time nor capital to keeping current on the issues.A gift is defined by the IRS as a sale or exchange in which full consideration, measured in money or money's worth, is not received in return. 

If assignee does not purchase/close by this date due to any type of Assignee default, Assignee shall be responsible to pay in full said Assignment  consideration to Assignator.

Should i have any other considerations?

@Jesse PierceThere are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.

I would also take into consideration how far along you are in your investing career.

For your more general question--buy a house or an investment property, DTI and all that aside, I vote investment properties all day long:https://www.biggerpockets.com/...In considering househacking, be sure to put a lot of thought into that and decide if it would really be that profitable for you, as well as other considerations (a lot of these depend on where you live as to which ones will matter):https://www.biggerpockets.com/...Assuming you're buying smart investment properties, I would rank the options from most profitable to least profitable: investment properties, househacking, primary home.

The consideration does undermine your screening process but I wouldn’t write off the suggestion just yet.

My quick example numbers were just that, an example for you to start taking all things into consideration! 

@Christopher RomeoPlease see the following regarding Considerations re Investing in Real Estate & Considerations re Choosing a Self-directed 401k/Self-directed IRA provider:General Considerations Re Investing Retirement Funds in Real Estate:1.