So for the bookings we get on there, I am invoicing her monthly for the cleaning fees and then 18% of the rental rates for each booking.

Strategy 2: buy a single-family house with at least 4 bd, live in one room, rent out the rest of rooms as a mid-term rental on Airbnb / long-term rental.

Most places that I know of, rentals are still renting fast so I am not sure why two months in you still don't have it rented.

New construction does not seem to make sense whether you keep it as a rental or build to sell. 

I saw Vacasa rental signs everywhere.  

@Scott Trench - have you considered investing in short term rentals, materially participating, and having the average stay be less than 7 days?

If you keep it long enough you don't qualify for the primary exemption (maybe it was too good of a rental to get rid of) it would still qualify for a 1031 exchange.

We just gave our tenants notice that we are planning to move into the rental they are leasing from us.  

I have two rentals in Pensacola and neither have sprinklers.

I have been living where i am now since 2022 I don’t want to ever sell it because its in a good location and it has potential to be a great rental investment i just don’t want to lose my interest rate by leaving and renting it out i have heard that your mortgage can be called due by doing that.