Hybrid Rental StrategyRent as an STR during peak seasons, then switch to mid-term rentals during slower months to increase income and reduce vacancy risks.2.

If the house is older than 15 years old and an ADU is added, the original house can become rent controlled.

Renting as a vacation rental might work during hunting season but there really isn't much to do there that would attract vacationers in the winter.

@Garrett Brown Yep...we're just trading bad seasons.

Would this be a deterrent for the seasoned investors?

If I do go the FHA route and live in the property, would I be able to cash out refinance the property after the “seasoning” period and pull out my equity after the rehab and tenants are in place?

The property owners suffering the most are those that have a roof older than 15-20 years, or those that are in flood zones, both of which can be easily mitigated in your search

However, most banks have seasoning periods now so you probably wouldn't be able to actually tap into that equity for at least a year since your original loan was likely just to build.These equity plays are a different strategy, but combined with usual appreciation, can also work, especially in some markets more than others.

My current deal has been delayed for over 30 days because the Launch rep wasn't aware that you cannot wire money from an offshore account- by federal regulation, the money must season in a US bank account for 30 days.

I moved into the property while getting it prepared for the next season so I could quailify for better loan options.