It is the simplest form. 

I appreciate the advice, I want to find the simplest resolution without creating terrible tenants.

The simplest thing is likely going to be to find a way to earn through the renovation management.

What's the simplest and cheapest way to get the money out? 

@Robert Ruschak as others have mentioned, scaling up quickly is not necessarily the best approach for a beginner (and in fact, it can come with some serious risks).RE is just like anything else in the sense that you usually want to start off with the simplest, lowest-risk, easiest to learn strategy (like house hacking). 

But, for now, I think this is the simplest way to further my investing.Hope this perspective helps!

There are literally hundreds of thousands of data points that drive even the simplest searches.

Get a good PM and insurance and your fineMost people don’t realize self managing a property is the simplest and easiest way for someone to pierce a corporate veil.

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

STRs that are not the absolute peak performers are already having issues with vacancy, and AirBnB recently changed their platform so that only the absolute cream of the crop units (five star resort-level luxury units with thousands of perfect guest ratings) are getting promoted.In a nutshell, STRs are a lot more work, require a lot more expertise, and are a lot less reliable/secure than traditional long term rentals (all other things being equal).Plus, house hacking a long term rental will give you invaluable experience in how to analyze, acquire, and a manage a property that you can then apply to doing a STR in the future (if you decide you want to go that route).Start with the strategy that is the easiest, simplest, and most likely to succeed (house hacking), and then gradually build up to more advanced strategies (like STRs, BRRR's, etc.) as you gain experience.Good luck out there!