@Michael Daniel Ultimately, it's all about confirming what the housing authority pays.

Are you looking for a primary property for yourself and house hack?

Housing two STRs and four LTRs What made you interested in investing in this type of deal?

FlashlightTape measure/Laser measurePaper/Pen/iPadBinocularsReceptacle testerLevelMarbleDroneRespirator/Face Mask/Eye Protection/GlovesAQI testerWater pressure gaugeThermal cameraEndoscope cameraKnifeI bought over 20 houses in my lifetime and I’ve never taken more than a flashlight. 

Quote from @Jeff Roth: Hi Lina from Texas-Congratulations on your interest in investing in mid-term rentals and you are wondering how and where to get started.I get this question frequently from investors.Sometimes and investor is looking to keep their property cashflow positive as insurance and taxes have squeezed cashflow by turning units into mid-term or short-term rentals.First off, ideally, the property will cashflow as a long-term rental should something disrupt the mid-term rental model.You will also want to have the property be near where there would be a demand for mid-term rentals (hospitals, universities, research centers).Monthly rents for mid-term rentals are about 20% (+/-) higher than unfurnished similar long-term rentals.There are property managers that will manage mid-term rentals for you and I always advise my clients to use property managers to keep their investment as passive as possible and for compliance issues related to Fair Housing Laws and local regulations.To Your Success! 

If you are willing to do the work, the landlord can often be the first point of contact with housing assistance.

Your biggest issue is that $50k may not let you get a nice house and have any reserves.

The ban in Asheville proper started in 2016 though, and we don't seem to have more affordable housing as a result.

If the property is vacant, you will attract a larger pool of buyers as not everyone looking for a house wants to use it as a rental.

House hacking is an excellent strategy, especially with the potential to use an FHA loan to secure a property with a low down payment.