Inflation is not killing your dreams; you are.This is a business, but you're treating it like a welfare program.

If you're both first-timers you can see if you qualify for any down payment assistance programs in your state.

So I contacted a mortgage agent went through the option 1 conventional bank loan 2 cash flow program etc then came the estimate and closing costs for taking a loan another 11k+  and here’s where I just lost myself , I wasn’t expecting paying so much more on a loan. 

@Kenneth Woodruff, for what it's worth, the Town Manager in Woodfin, Shannon Tuch, rather started and designed Asheville's STR restrictions and homestay program long ago.

My name is Tony, and I work with the Biggerpockets Featured Agent Program!

Ashley,Do not forget to look into other loan programs as well where SE seasonig is not a factor,  You have the DSCR program, Bank Statment program, and No Ratio programs. 

If you are familiar with the 30/60/90 day notice structure, great. 2) Find out if they are on any rental assistance programs.

What program are you using to gather this data?

Recently I have had two local lenders roll out programs for our opportunity zones where there is 0% down and no PMI for owner occupied units. 

Make relationships with lenders who have copious programs for your potential circumstances.