For small spaces, you can't get a small enough (in terms of BTU) multi-zone unit and what happens is one unit receives refrigerant even when not running if the other is running, which due to the cold of the evap coil causes it to condensate and ultimately causes constant problems with drainage.Also, look for a mini-split where you can connect an external thermostat and configure the head unit to shut off when the set point is reached.

As someone looking into real estate investing (currently trying to find an affordable multifamily to house hack), it seems like its going to be difficult finding funding as most properties that aren't in complete disrepair are close to 200k, and dealing with the properties that do even fall below 110k seem like giant investments in terms of how much work, structural and big ticket fixes, where losing money on a deal seems much more possible than making money. 

Is there anything different in terms of STR tax loophole if I do STR by the rooms?

In terms of reading materials I would recommend checking out Buy, Rehab, Rent, Refinance, Repeat by David Greene and The Book on Estimating Rehab Costs by J Scott.

Look at the properties themselves to see what the competition looks like in terms of quality and amenities to make sure you can be competitive and look at their calendars to see how much demand there is.

@Zane M.The scenario you mentioned brings up legal and ethical issues, particularly in terms of occupancy requirements for specific loan programs and the possibility of misrepresenting intentions.

This intangible spread is very important for me because that's where you can visualize your return in term of adjusted risk.

In terms of documents put your address so they get sent there.

In terms of mitigating your risk - particularly if you buy a condo - consider a newer building, steel or masonry construction, a unit on Floor 3 or above where Flood insurance wouldn't be necessary, larger buildings where costs are spread amongst more owners, and buildings with a financially healthy HOA (track record of good management, reserves in the budget to cover large capital expenditures, etc).

That's not reality, so everything has to be averaged out in some fashion.The challenge is owners like to think in terms of the minimal time it takes to do things ASSuming everything goes well.