The only reason I was considering it keeping long term was for a paid ofnproperty in 20 years or so and then a stable cash flow in form of rent.

I like your house hack strategy and also to BRRR the property if you think its a stable property that has a chance of appreciation.

Now, that recession may make you bearish on purchasing RE right now but when it comes to repositioning cash from the stock market into something more stable to weather a recession, Austin RE is a good option to consider.

My marketing is going towards stable neighborhoods and I am solidifying my relationships now with my private and hard money lenders now so I have a solid backing.

For me it is personal freedom and creating a stable/joyful home life for families. 

I also applied a vacancy rate of 12%, which I believe to be somewhat conservative given this is student housing near a university which provides for a stable cycle of tenants.

After I read Rich Dad Poor Dad, it changed my view on everything and I do not want a stable job with income.

We had a tenant overload a open shelf in kitchen.

Plus with 1/1's being a lot less stable, prepare for your property manager to eat you alive when replacing tenants.

Adv. is stable income without the headache of constantly marketing it as B&B. and I post on craiglist, Zillow...social media...tell everyone you know.