It's very limiting to only be able to rent 3 months or more minimum.

You'll still need some liquidity for reserves and to be reimbursed for work completed in draws, however its usually limited to 10-20% of the rehab budget needed in reserves to make the deal work.You're welcome to DM for more details if interested. 👍 Good luck!

Cons - Risks as stated by others, can limit which renters are looking at your house. 

The limit on scaling is your deal flow (mine never was that good) and time it takes to perform the value add (I got fairly quick for example, my last rehab did all new plumbing, electrical, and flooring.  

As a disabled person, I want to be in real estate, but I know I am limited. 

Great hosts will be good neighbors, will contribute to local tourism and will pay their taxes and permit fees* A major area to improve on the proposal is the 1 hour time-limit for resolving complaints.

The condo will limit the rental options to age restrictions. 

there just aren’t many sold properties in the neighborhood in the last 3 months and even out to 6 months is limited.

Should I consider hiring a professional designer, even though my budget is quite limited?

You also have to factor in time limitations.