for investment property you are able to utilize a DSCR loan which is no income and limited doc . super convenient 

Gas + convenience store, where the gas sales are mainly a tool to draw customers into the C-store. 

Separately, there are tons of older extended stay hotels in all the major growth cities with people living in them paying (fairly high) monthly rates due to convenience or lack of qualification for typical rentals.

It's a gamble unless you're experienced and know what you're doing.

Always run title to check for any clouds, try not to gamble on super small tracts of land like this unless confident in own title searching capabilities.

Short term "quick money" kinds of opportunities don't really appeal to me as I view it more as gambling.

All this to say, my base case is that right now rates are the lowest they've been in almost a year and it's more of a gamble to wait and see what the Fed does than to take what we have now.

Agreed with others its very convenient to have.

The good thing about it is that it's quick and convenient for both yourself and the lender, the disadvantage could be that it might impact/increase your DTI if the appraisal came back lower than your actual current rent being received. 

We don't have kids yet, so we knew this would be the most comfortable/convenient time in our life to house hack.