Start small with manageable properties, mitigate risk with house hacking or partnerships, and stay active in the community.

Guest checks out, cleaners arrive to clean, conduct post stay inspection, and reset the home for next guest.

You can scale from there.If you are planning to stay in the area long term, I recommend buying a primary. 

It should be matched to their application and their credit/criminal background check.Here's a detailed guide on how to screen applicants: Application Screening Guide

for $1000 coverage, a tenant staying 6 months would pay $354, or for a year, $708. 

I also have helped place tenants in section 8 properties as a volunteer with nonprofits etc. and agree that they tend to stay pretty long.

We will also use Touch Stay and AirDNA to integrate with Hostaway.

“Those doorknobs stay with the house,” she insisted.

Unless you want to stay in the home or pay the difference out of pocket, you should pursue a short sale.

Quote from @Karen Seguin: Good afternoon, I am currently closing on my first commercial multi-family property and all of the tenants would like to stay and I would like them to stay as well.