If its a B to C and there are dark spaces people like me are buying then I can offer them similar location with much lower rent and make a bunch of profit still.

@Kevin Jennings If you're able to spot a small multifamily or a house with a casita or space to build a casita that might be the best way to househack with a family - having someone else pay that mortgage is a huge benefit and might be worth the sacrifice of some privacy for the long term financial gains.

when you are renting out part of the regular living space of your primary residence you will have to either declare some part of it as strictly investment (like a home office). 

I focus on the short term rental space.  

We finished the basement adding 1000 sqft of finished space to the house. 4 bedrooms, 2 bathrooms.

According to Jonas Bordo, CEO & Co-Founder of Dwellsy, "Due to COVID19, renters want more space and control over access to their homes, and this has led to substantial new demand for single family rentals.

Are you looking to have someone stay in your space and post the listing about the STR?

@Gary Northcutt Not sure of your exact situation, but I think your loan is falling into a space where technically the loan is a commercial loan (5+ units), but due to the size of the loan (<1M) it's a recourse loan where they require a personal guarantee and personal financials. 

I'm very interested in the MF space and am currently reading vol 1 of the Multifamily Millionaire as well as soaking up as much as I can from podcasts such as the Multifamily Mentors. 

As a CPA, I have a general knowledge of tax, having passed REG (tax portion of the CPA) but want to grow that knowledge effectively in the real estate space.