I am considering hosting the rental myself and living next door.Could anyone provide guidance on how to proceed under these circumstances?

I am looking at it from the perspective of what could be done with the additional land as well.  

Because you live in CA, I would also have an airtight agreement and probably not let them live in the property for more than 29 days or whatever the cutoff is for preventing right of tenancy. 

If you're entering real estate investing full-time in metro Atlanta, you're bound to eventually encounter someone pursuing co-living properties. 

Maybe give you a gift of some of the additional gain.

I live in GA but not attached to that area- would you advise STR's or LTR's?

I am not beeping harsh as she requested additional eyes which was good and she was receptive to inputs… I consulted on one today that had 95% LTV OO but no PMI, 2% vacancy as self managed including delinquent rent and tenant turnover, a maintenance/cap ex that was based on percentage but was a quad and her allocation was ~50% of my estimate, and no PM even though she intends to move away in a year or so. 

Probably best option is if you need a place to live and the place is vacant. 

It's all dependent on state and city but where I live a 60 day notice to vacate is sufficient after purchasing, especially in leases where the wording is vague and mom&pop landlords were using Word document leases.

Planning to rent the 4/1.5 side by the room and house hack by living in 1 of the 4 bedrooms then planning to also rent the larger 1/1 side.Planning 5% down as owner occupied financing.