And since most people have mortgages, and the sale is "subject to" existing liens you need to be very cautious. 

For a tenant to receive a reduction, the landlord must have actual or constructive notice of the existence of the defective condition."

Is building a new property for a house hack potentially a good idea if our goal is to continue to scale/grow our capital or should we just stick to looking at existing properties that need work and pull our money out post-renovation? 

Too much supply and saturation.

Too many people jumped on the bandwagon with overpriced properties, high monthly payments to amortize and saturation in some markets. 

A lot of people seized the opportunity with students because of the medical school but that area is now saturated with over priced student dwellings.There is still a market for STR geared towards tourists but the competition has increased on the tiny island. 

is probably one of the most powerful questions in existence (and one which I'm very, very inclined to ask lol). 

Subject-to deal: Cash required: $35k + 295k existing mortgage + 5k in misc = $335k for a 350k 2021 house.Pros202135k needed3% int. rateGood schoolsGood location CONS$145/m in HOACashflow is tightMortgage InfoLast Recording Date 10/6/2021Loan Type CONVENTIONALOriginal Loan Amount $319,105Loan Term 361 MonthsEst.

STR - higher risk, potentially higher returns, more volatile LTR - more stable returns, smaller returnsBoth have good tax benefitsSTR are becoming very saturated so I am hearing the math on them doesn't make too much sense either. 

If you move out of your 1st home today while buying a 2nd home, you would need to qualify for that 2nd home with your existing income and no income from your exiting property as we cannot count STR income until it hits your returns.