Hi @Robert B Azimi,A home that has been registered through The Mills Act, can be rented out the same as any other property, and it can even increase rental revenue as there are people who really like the thought of living in a historic house.

My name is Batyr, and I’m a real estate investor specializing in co-living (PadSplit) and multi-family properties using creative finance strategies.

We live right over the apartment.

I'm from Newburyport and lived in Seaport for a while.

I want to prepare my home for renting, and my plans are to buy a motor home to live in for the time being.

Purchase price: $360,000 We bought this stacked duplex, lived in one unit for 2 years and moved on.

I agree with Andrew’s comments particularly because this is a home you personally lived in and know intimately.

Many DSCR programs require an investor to have a mortgage history- there are some DSCR mortgage programs that will work with investors who are renting- some refer to them as first time home buyers (FTHBs)- DSCR loans are only for investment properties where the owner isn't living there. 

Strategy 1: buy a duplex, live in one unit (for one year as a "primary residence) and rent out another unit as a short-term / mid-term rental on Airbnb.

I live in SoCal so if I wanted strong cash flow I would likely have to look out of state.