We would reserve based on the today value divided by remaining life (roof in 11 years, furnace in 9, etc.)

I hope that makes sense but I would suggest interviewing some more lenders, specifically HML to find a more flexible loan.  

That would give you flexibility and is more reasonable to manage once you've had enough of house-hacking yourself.There are many more expenses than just the mortgage: Insurance, taxes (very high in TX), Vacancy, Repairs, CapEx, Lawn care, Management.

Not only will they be more flexible you will find much better rates.

Within that 6 month period, the property value remains what you bought it for.

I have a classic situation where we're looking to buy a bigger home and am making the rent vs sell decision on our primary residence.Current Home- 4/1 worth ~$210k- Mortgage has $118k left @ 2.85%, 11 years remaining. $1,277 / month- House could rent for $1,300 to $1,400If cash out refi I could get $45k in hand and cut the payment in half.

Cutting supply generally leads to an increased demand for the remaining supply.COVID-19, on the other hand, may have an impact on demand.

That remains to be seen tho 

With the right post-sale contract you can set up a variety of structures but as @Chris Mason stated, how you purchase the property might prove to be problematic.If the property is using cash or hard-money, then you will have more flexibility.  

Inventory remained at a very low 1.2 months.In another very positive sign, real estate showings in Arkansas surpassed 2019 numbers for the first time since the pandemic restrictions.