This can mean considerable value added.

But with the rising costs, breaking even seems less ideal, and I’m questioning if it's the best strategy in this market.Current Consideration: After digging into the numbers, I’m seriously considering going the STR route instead.

The experience you gain from house hacking or living in a multifamily property will provide you with insights that will be beneficial when you scale up.Financial Considerations: Make sure to weigh the financial implications of both routes.

I've been buying and holding for SFH's rentals for 15+ years, but my goals now are Cash flow (70%) and Appreciation/Equity (30%) so I can invest faster/grow more in shorter periods of time.I ran this: View report on BP as a really rough test for investing in this property (3-plex, but also offers an attached 3-plex for consideration). 

These are helpful considerations.

I own equity in the property as I paid consideration.

Take your risk tolerance, time horizon, and investment objectives into consideration before deciding what percentage of your portfolio to allocate to cryptocurrency.

A couple of considerations that differ would be these off the top of my head:Take a look at the septic system.

However once we started making improvements to the property, the idea of converting this to a STR (like the one we did a year ago), started to be a consideration.

I understand some of the possible implications of making this move would be a likely higher interest rate and lower NOI on the new investment but would like to get additional feedback on what other things I should take into consideration with this possible move from those out there who might have some experience in this realm.