Capacity and Tolerance. 1) Capacity: how many people can you comfortably fit in the property, is there room to add more, or add more value to the tenants to increase rent.2) Tolerance: How many people are you comfortable living with, if there are vacancies are you able to handle that.House hacking is an amazing path to homeownership, and a nice low barrier to entry into self managing your properties.

Sort of a unique way to make money, meet new people and not get stuck with a tenant you don’t like for too long!

Well, this my opinion, if you like unpredictability, constant change and people/contractors with no regards to you or your property then "YES" flips and STRs are the way to go...LOL....I love it!!! 

The people the seller should have this discussion with is the title company and or legal counsel.  

We lend up to 75% of the ARV but most people are buying and rehabbing well below that from the investors I have been working with.

I think the risk is similar and probably even less likely with midterms, particularly since you should always have a lease agreement for your midterm rentals whereas people rarely do this for short terms.

I think there are a few types of people when it comes to this oft asked questions. 

Don’t be distracted by people with other plans and ways.

I live in a town of about 100k people here in Dothan, AL, so STRs aren’t the most popping market.

It is important to note, people would rather rent a cleaner, and newer home, than a "larger."