One of my first clients is retiring this year using that strategy.  

@Phillip Austin Rent by the room investing is an excellent strategy.

As for strategies, do you have any other skill set that you can bring to an experienced operator?

OR it may be the spark needed to build out your next RE revenue strategy.  

The issues with househacking-type strategies typically arise when you apply for a new loan.

Have you considered other strategies?

As a rental, tenants will likely prioritize the location over minor inconveniences.Your strategy of betting on appreciation and eventually pulling equity makes a lot of sense in this market.

Additionally, are there any other methods, approaches or strategies you’d suggest for someone just starting out in this space?

One STR can make much more than many LTR style investment strategies. 

What creative strategies have you found successful?