.: @Patrick RobertsThat's a lot of words to say you're advocating tax fraud since there may be a low likelihood of getting caught... 

There is an abnormally low amount of new construction occurring on the coast in comparison to the demand and the existing inventory can be quite dated, especially for those coming from areas like California.

I'm planning on doing a str loophole so low priced str won't work well for me 

-Ray (see above) is the man and can get you hooked up with great rates and low-fees!

They instead use conventional conforming loans with low down payments meant for primary residences to purchase properties ready to live in!

Conservative and low risk. 

@Tyson Regier and @Eric GerakosAs Investor, PM and Realtor in Palm Coast I would love to speak with both of you about the highs and lows on the Palm Coast market.  

Create the payment that’s very low in comparison to what your keeper would bring in rent.  

There are laws (and statutes with three "T"s) that may apply in these situations on both a state and federal level.

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.