I've been teetering around the idea of house hacking once I am done with college, but a big issue I have come across when speaking to a mortgage broker is the fact that I need to prove 2x of the mortgage in monthly income.

The foundation was already approved, permitted and finaled years ago for a 3400 sf house, and its solid and I won't be building directly on the overhang edge; but rather back away from the edge a few feet to prevent any load issues all the weight will be on the longer sides of the existing footing.

Purchasing a STR in a somewhat sketch area is a terrible idea and as others have mentioned, is going to open you up to potential issues. 

Usually an issue if older door is salvaged and new locks are installed that don't quite match up with the old door strike plate location.

That's the reason why we sign leases in person, so we can go over the main issues in person and make sure they are understood. 

There is no issue with eviction for non-payment of rent during the winter in Wisconsin.

The kitchen became an issue towards the end.

Depending on what the issues are with the credit scores I might consider lowering my credit requirements.

But they had issued insurance on day I applied.

So, they just stayed vacant.Income reliability is another major issue.