More doors the better if you are using an FHA type of loan.

Potential solutions include federally backed loans with lower rates or tax incentives to help offset the cost of a new mortgage, encouraging these homeowners to sell to new owner-occupants.

You’d need a clear exit plan and enforceable lease terms to protect your investment.Think about the following:Tenant Risk – Can they truly recover financially, or will you face another eviction situation?

However, I notice that Personal Injury is not included and I'm thinking that may be important to have for a Short Term Rental.

As I've come to terms with this I have taken the last five months to regroup and really think about the future which brings me to my post and what I'd like to get the communities opinion on.I successfully negotiated and acquired one of my duplexes in 2017 that I nearly have paid off (note balance is $54k, property value $230k).

I’m also open to exploring short-term rentals, private lending, or passive investing in funds—anything that maximizes returns while keeping risk and time commitments manageable.For context, I’d consider leaving my job if this could become a full-time venture that surpasses my current compensation (low-mid six figures).

What are your loan terms?

@Cody Caswell there's several things to ask about here that might not be answerable in a forum:- Why do you need an FHA loan?

On the initial agreement, it clearly stated that the buyer was going to be using financing and listed the terms of their financing

Bought it as a safe bet thinking it would do roughly $35k annually in short term rents.