I’ve never even stepped foot in Mississippi.

When he filed a permit he asked for 8 person max and got it when the state code sets a limit of 50 Sq Foot of bedroom space per person.  

In my market, I could easily get quotes ranging from $150ish-$500 per foot, depending on the contractor, their team and specialty and how much of a sucker they thing I am. 

But if you want to go faster, there are two things that will help by getting your foot in the door with house hacking.First, is over time you'll build equity and can eventually refinance and take that cash to use as down payments.Second, if you want to use private lenders, virtually all of them other than family and close friends will want to see a track record.

Memorial Day to Labor Day will pretty much take care of itself, but adding in amenities like a hot tub and a sauna will help you draw in more traffic and bookings even when there's a foot of snow on the ground.Just to touch on the LTR option, I don't know if this would get you the kind of returns you'd be looking for to even cover your mortgage, let alone cover any maintenance/capex/management costs the property might require. 

@Richie Thomas - just curious, have you ever stepped foot in Hazel Green? 

For a 3,000 square foot house here is how much these “disasters” can costFoundation - up to $75,000Mold - Up to $150,000Termite damage - $40,000Structural issues - unfixable  

They also are really appreciative if they don't already have a wall mount so me buying it goes a long way in starting the landlord/tenant relationship off on the right foot. 

Also, could anyone give me a little more information on what I might expect to pay in price per foot for this type of construction in Anchorage? 

And so on.A single short sale (in this particular scenario) simply puts a band-aid on a severed foot.