I went to a small local bank for the loan and it really wasn't' much harder than a convention loan.

It took a bit longer to sell than normal because inventory rose temporarily and we messed up our own comps because I bought a second model match unit in the same community a few weeks after the first purchase for $188,000.

Conventional loan and we just ReFi into a 1st position HELOC.

If you’re going conventional on a second home, you might want to consider putting even more down and make sure that your debt to income ratio is <41%, and credit at or above 780, ideally, as the GSE’s just made changes to the Loan Level Pricing Adjustment (LLPA) just got even more expensive effective 05.01.2023 but most lenders will either incorporate this into their pricing or will then. 

Conventional loan.

If I calculate my actual cap rate after 6 months by using their convention (Subtracting insurance, tax, property management from gross income) numbers match, thus I am getting what was promised on my proposal.

Class A neighborhood and low inventory.

After talking to 3 companies, you should have a median price of what the cost will be.Keep in mind, a professional company tends to have processes in place to increase efficiency like inventory management and 24/7 phone coverage.

Rents are trending down, and prices are starting to as well(inventory is way up, time to sell has doubled, and a lot are seeing as least one price drop before they sell).Sorry to hear they aren't working out for you. 

The rise and rise of house hacking might keep rolling considering that housing remains unaffordable due to high prices and low inventory resulting in an upward pressure on millennials headed for creative solutions like house hacking.Even though stylish nowadays, not only is house hacking in fashion but also bears enduring benefits like creating a property ladder, passive income generation, and financial freedom attainment.