My advice would be to go for the house hack option, here's why:1) You can never count on market appreciation and in a world of historically low financing rates I would suggest that asset prices are sensitive to a downturn2) You can much more reliably force appreciation by by improving an asset3) If you focus on assets that need improving you are much more likely to get a below market deal where you will have instant equity at closing4) You can get much better financing terms for a property that you buy personally rather than an investment5) You will ultimately be a better investor if you have some hands on experience6) You will get better returns on the house hack because you can avoid paying property management feesetc.Good luck!

The ADU (Accessory Dwelling Unit) described by Chace Fraser, could also be a Tandem House. 

This is all based on lot size, soil type, perk rate, number of dwellings, number of bedrooms, lot loading calcs and boundary lines in relation to the drain field and tanks.

I've just purchased my first Investment home with the intention to extend the parking space and convert the dwelling to a duplex where I'll live in one unit and rent out the second unit. 

I knew instantly that we were going to need to replace every stud in the home and basically start from scratch. 

Another great option in Tampa is to find a house with an ADU (Accessory Dwelling Unit) or MIL suite you can live in while renting out the main house to cover your mortgage.Feel free to reach out if you ever want to discuss options or just dialogue about strategy that fits your unique situation.- Alton

The City has fast-tracked ADUs (additional dwelling units)--seeking a multi-unit building with an existing vacant garage with the ability to build out one or more ADUs is an excellent strategy.

The instant equity.

Vacant Dwelling with Renovation.

Check out United Dwelling as well.