Should I buy a home or STR property first?

[David Martin]

Hello! 

My wife and I currently live in an apartment, would like to move into a home within the next year, and would also like to start investing in some STR properties. Is there a clear answer of which one we should do first?
I know most people would likely recommend house hacking and then getting a STR afterwards through a cash out refinance or just built up savings, but I'd also love to know about strategies that don't involve house hacking. 
Our rent is relatively cheap, and given that interest rates are still rising it seems like getting an STR in the next few months could make sense if it cash flows well and can then help us get a family home. 

There's probably no right answer, but any thoughts are greatly appreciated!