Low end or high end?

I will be giving up my low-rate first mortgage.4.

Quick math I think you will have a very low monthly ROI.

I look for opportunities to offer MORE for a tenant but I look for low hanging fruit in this regard.

The multifamily real estate market is gaining momentum as we close out 2024, driven by easing financial conditions and attractive cap rates, according to Marcus & Millichap's Q3 report.Cap rates have surged to an average of 5.8% between July 2023 and June 2024, marking a 110-basis-point increase from 2022's low and the highest level since 2014.

When you're analyzing a short-term rental (STR) deal with seasonal fluctuations, it’s all about averaging out the highs and lows.

In my view, the only people that can self-insure are ones that bought a long time ago at low prices so that they can recoup some value if a tragedy hits. 

The house is in a rural area, low crime and had been vacant two years without any issues.  

I am wanting to move out of my current residence, and because of other benefits such as the experience I'd gain and the access to a low downpayment, all signs point to house hacking.

If you are house hacking or low money down owner-occupancy, that helps.I also agree with @Chris Seveney, it depends what you want to invest in.