I would connect with some wholesalers in the area.Also, there are some alternative ways to invest in Real estate for a big return.. for example, there is a desperate need for corporate rentals (furnished short-medium term leases) that pay 3 times per month what a traditional lease would demand.

If you are thinking about a "house hacking" loan on a 1 to 4 unit place  that only requires a 3.5% down payment but try to get on  3 or 4 unit place under the same roof, which is one of the parameters of the FHA loanIf you need any short term return, you might try a Fix and Flip type with wholesaling and /or a quick flip. 

To make it short.

I have 2 houses, 2 townhouses, 1 condo that I have been renting short term with good success.

From what I experienced, when a property is sold, you're due gains tax to the federal and state authorities, either short term or long term if you're the owner.

I feel like it is worth it as I have been loaning that money out and getting a return of 12-15% but it has been just doing short term hard money loans. 

Good morning,I recently completed my last flip and I am kicking the tires whether I should just sell it or keep it as an Airbnb until I hit my year mark and 1031 it or pay long term cap gains instead of short term if I sell it then.

Always have a short contingency in your offers.

I am in the business for the long-term, not short-term gains.

I will have to ask about the exchange regarding one property being a long term rental and the property to be purchased would be a short term rental property (we would not stay there more than 14 days and is available to rent 365 days in year but less than 30 day stays), if that would qualify.