Quote from @Christian Ehlers: I'd agree with Benjamin here either FHA 3.5% down or Conventional 5% down will be ideal for househacking especially when starting out. 

Would it be a mistake to not take advantage of the low money down loans for a first time home buyers primary residence, and instead attempt to invest out of state in a traditional investment property?

And harder to work through those details with traditional lenders. 

Traditional roof.

I came from a traditional real estate background and got involved in land flipping years ago.

Non-QM loans are financing products that are outside of Fannie Mae/Freddie Mac and are non-traditional and because of that, they will typically have higher interest rates/points.

Are you connecting your traditional bank accounts to the platform?

Hi Hugo, midterm rental can provide you much more cash flow than traditional long-term rentals.

I would just say that recently in my experience diversifying out from STR into motels/boutique hospitality has been high risk and set some people off path - it can be a very lucrative and good move - however, if you are having a lot of Success with traditional STR - it seems like a lot of people are looking back and saying they wished they stuck with that and expanded with what was already working!

So I don’t think you will see the same level of appreciation with mobile homes as you would with brick and mortar real estate - so i would recommend buying traditional real estate.