For example, if the home is worth 225k, and you can negotiate it down to 200k, and say you can make 2750 per month in the STR space.

A couple million dollar apartment building, office space, etc...

If you're going to rent the space or sell it as livable space, it will need to meet code.

Make sure to work with a forestry professional to ensure sustainable harvesting practices.Rent it for Storage or Equipment: With the rise of RVs, boats, and large equipment, you can rent out part of the land as storage space for these vehicles.

The biggest thing you need to analyze is how easy is it to release this space if the the tenant leaves. 

If you have one vacancy in a fourplex, it is only 25% vacant.With that said, people are killing it in the single family space and specialty property.

Personally for our company, since we entered the 1st lien space a few years ago, product availability with 2nd liens isn't a huge issue.

House hacking can reduce living expenses but may limit roommates or share space.

She's a wonderful person and is successful in the STR space in Pittsburgh.

Given that the industrial market is softer than the prior few years, I intend to buyout/wait until current leases expire and leverage the space into self-storage.