My biggest goal for 2024 is to be around more like-minded people.

Typically, if they can make it work as an STR they go that route because it almost always generates the most revenue.

I would just take into account that a lower down payment will mean a higher monthly payment so be sure to run the numbers conservatively in order to ensure your STR revenue is able to carry your monthly payment with this higher mortgage cost. 

I’ve used PriceLabs Revenue Estimator in the past with great success.

Some people seem to get locked in to one place they find, or a place a friend or family member is selling without really evaluating the available market.In a small town in East Texas I would think your biggest risk is a big player coming to town that can absolutely crush a smaller player. 

Biggest thing is not letting the tax tail wag the dog. 

My biggest concern with house hacking is giving up my primary residence.

Direct bookings results in higher revenue.  

Local investors can now get additional discounts by moving up the food chain and buying as notes and, on mortgages secured by vacant properties, utilizing the preREO strategy to generate revenue during foreclosure process.

And the BIGGEST advantage, more ways to monetize a lead.