My wife and I are pre-approved for a home and have been considering house-hacking a multifamily in the Poughkeepsie area; potentially focusing on medium term rentals for traveling nurses.

This strategy is great, but it fluctuates depending on the time of year, you probably won't live for free because it is more challenging since you are only Airbnbing a small space or basement unit.4) MTR - this is a good in between style of creative strategies since you can furnish a place nicely that would rent out on Airbnb but you want a long-term high quality tenant like a travel nurse or corporate rental that stay for 2-3 months vs. under 30 days for most Airbnbs.Combining strategies is the best way to go, ideally, you would find a property with a separate entrance or walkout basement, live upstairs in the one of the bedrooms, rent out the other upstairs rooms and STR/MTR/LTR the bottom unit.

I’m feeling more confident with every response like this.

Yet I can confidently say im ready to take it to the next step and start investing.

To address the persistent issues, I traveled to Detroit to meet with the team and clearly communicate my expectations.

Don't need more investors running my prices up.We don't do STR, but if in the right market, I would look at traveling nurses or military LTR by the room. 

Step one in optimizing your listing might be to set up a simple website with a landing page, event calendar and blog so you can become the hub of information for people traveling to that area. 

I am a long term investor (hold or perpetuity) so I am confident over time cash flow will slowly increase as will appreciation.

Your time calculations are also light - you spent more than 5 minutes calculating renewal terms, presenting them to the tenant, drafting and having a lease addendum signed, traveling there, changing the air filter and doing an inspection.

You might do well with mid-term (30 days - several months) if you targeted both the church orgs and traveling nurses, of which we have quite a few.