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House hacking with mid term rentals?
Hi community,
I'm planning to house hack in Richmond or Fredericksburg/Spotsylvania and am considering renting by the room using short-term, mid-term, or long-term strategies. I’m committed to house hacking since I can only afford a place with a primary resident loan.
Has anyone employed the mid-term rental strategy while house hacking? I'm curious to learn more about the experiences and outcomes of using this approach compared to short-term and long-term rentals.
I’d love to understand which strategy might work best for me. What are the pros and cons you've experienced with each rental duration? Any insights or advice would be greatly appreciated!
Thanks!