I think if the industry as a whole was a little more honest with it self and with market participants you might not have as many waiting for something that is not likely to happen in the short term. if you need a house, you need a house. but, if you think something will change in 6 months you might be able to hold on, but if it likely will not change in the near term you might just bite the bullet and buy. 

In short, you need to stay there a year as an owner-occupant and then you refinance into a conventional, rent both units and then you can use the FHA to do it again on a new one.

Fell into a short term vacation property and can't wait to do more investments!

Mashvisor (Real estate investors looking for short term investments) 7.

They are inexpensive, they usually come with mineral rights (big plus in Texas), they typically have short redemption periods, low rehab costs, and sell quickly at the right price; they also have large ROI. 

I intend to rent out my current home as a short-term rental.

What to do;  this only works where the house has lots of parking, distance from neighbors.  100% of the time its a neighor who turns you in.   

Hello Emira, Flipping can be very lucrative and good way to invest ad get the most ROI from your investment in a short period of time.

Hey Celine, from my understanding its very difficult to grow a portfolio of short term rentals using the BRRRR method as an out of state investor.

If you treat your PM like a company that just unclogs a toilet then you're really short changing yourself.