Thankfully the lender talked me in to a 24 month term as it took us the entire 2 years!

In terms of material participation for cost seg I'm good there and meet the requirements. 

Quote from @Steve Englehart: I currently have two long term rentals and am looking into buying into the short term rental arena.  

20% down is available, 25% down will bring significantly better terms in a lot of cases. 

Finally from a purely from a cash outlay prospective short term, you could rent a house with roommates and your payment would still probably be Lower than house hacking because rates are so high, over the long period 5-10 years obviously it would cheaper ti buy, hope that makes sense 

I would send them notice today that explains what will happen after the current one-year term ends.

Since you already have experience with both short-term and long-term rentals, house hacking a duplex could be a smart next move.

Tenants don't get to dictate terms.

Glad you made your way here.. are you eyeing long-term rentals or short-term flips?

I’ve been in the industry for several years, and my work has given me a solid understanding of property systems, maintenance, and what makes a home a great investment.I’m now looking to expand my own real estate journey by learning how to acquire and manage short-term and long-term rental properties.