Securing financing is often one of the biggest challenges new real estate investors face.

Quote from @Melissa Stanley: This is a tough one.

To offset costs, I’m planning to buy a duplex and pursue a house-hacking strategy:1.Rent out one unit as a long-term rental.2.Live in the other unit and rent out the bedrooms as short-term rentals (STRs) through a furnished rental approach.Before diving in, I have a couple of questions:1.Can I use a property for both short-term and long-term rentals?

You won't find one PM that hits all 3 markets as there is a pretty decent distance between the 3.

I'll bet you a cup of coffee no one has working keys.

Posts like this are part of my journey to learn, network & connect with experienced professionals like yourself who have valuable insights to share.I also want to apologize for the late response—it’s been a busy few days, but I didn’t want to miss the chance to thank you for your input.Looking forward to learning & growing in this space & who knows, maybe one day I’ll be offering you in on an investment idea or I'll be the one offering advice to new investors!

The property, though is not beach front, nor does it has ocean view, is just a short drive from some of the best beaches in the west, which are great for surfing, snorkeling, SCUBA diving.In the 1.21 acres there is a main single family home (4 br) which was divided in two sections one of which is being rented.

He then had a mentor that taught him one-on-one to invest in real estate.

You FEEL one, and you KNOW the other.

What I would do is try both and separate the leads from each and see which one is better.