First House Hack: LTR or STR?

[Jessica Wilson]

Hi everyone, I am currently in the process for saving up for my first house hack, hoping to buy in the beginning of 2022. I have already read the House Hacking Strategy but am stuck with what I believe should be my first move.

Obviously, my goal is financial freedom as soon as possible. This leads me to believe that I should choose STR for my first house hack. However, would there be any benefit of making my first house hack a LTR? If my first house hack is a LTR, I still plan on a majority of my portfolio to be STR with Airbnb after that.

Please let me know your opinions, stories, anything. I’m eager to buy a property but I want to make it count!