However through my research i keep coming across this term sneaky duplex where people turn there basements into a unit or block off part of there house to turn into a separate unit. my plan is to use the basement for traveling nurses because you would already have the water and power turned on for them "house is 5 minutes away from the hospital", live in the upstairs for a year and possible house hack one of the rooms.

It was interesting to see they scraped review data and saw where travelers mentioned driving from the most to build this list along with metro city growth. 

These are typically more expensive but can be more profitable.Condominiums and Townhouses: These can be lower maintenance compared to single-family homes and multi-family properties, as HOA fees often cover exterior maintenance.

@Eric Sato My experience in that area suggests that Mid-term rentals (travelling nurses) may be the next best option.

My first guest checks in November 1st, and I'm planning to travel to the property next month and start preparations.

Think traveling nurses—they often need a place for 1-3 months and need fully furnished spaces.

There are some additional things that could help determine which loan product is best for your situation.203k Best When:- Credit scores 680-720 or less- Renovation will improve the value of the home more than 75%- Renovations will be on or in the home - no new yard projects, only fixing existing- Higher Debt To Income (can get approval with up to 56.9% dti)HomeStyle Best When:- Purchase + Renovation costs will come in higher than FHA Limits- Home improvements will only improve vale 75% or less - 720+ credit or 20% down (of purchase price + reno cost) to avoid PMI- Exterior Projects (fence, hardscaping, pool, outdoor kitchen)- Lower Debt To Income (sometimes as high as 50%, many times between 45-50%)- Renovations that are greater than $35,000 (soon this will move up to $75,000)Happy to answer any other questions that you may have!

What's great abut this is MTR is very tough to get shut down by local municipalities and believe it or not North Jersey attracts a huge verity of people looking for mid term whether its through work, moving or extended traveling.

I quit my job 6 years ago and travel about 80-100 days a year.

I travel 1-2 weeks out of every month so at this property i want i  can have two roommates anyway to help cover the mortgage.