I will do my due diligence on this matter so I could have a clearer understanding on what could and couldn't be done so I could follow on.

We don't have a network built up yet and we'd love to meet some people who actually do this.

If there is a potential for loss of any kind, then you are using their funds for your benefit - i.e. gambling with other peoples money - so definitely a place you don't want to go.

Sure, people will tell you that you can without talking to the bank, but they could call the loan due at any time (assuming there is a due on sale clause, and there probably is).

I almost didn't post because I hate to throw in some negativity, but here is a different perspective.You're also inadvertently leaving out people who CAN'T have those jobs, ie retired people and some people with disabilities. 

Manage the Property: If renting, manage it effectively and maintain communication with the seller.Advice and Tips:- Educate Yourself: Understand legal and financial implications.- Build Trust: Establish rapport with the seller for ongoing communication.- Be Clear: Define all terms clearly in the agreement.Mistakes to Avoid:- Incomplete Due Diligence: Conduct thorough inspections and financial analysis.- Unclear Documentation: Ensure agreements are well-drafted to prevent misunderstandings.- Market Trends: Consider future market impacts on property value and income potential. 

@Arshiya TaamiRenting by the room as a house hack is an amazingly powerful strategy that most people aren't willing to do. 

I have seen more and more people put houses that should only be a long term rentals into service as a STR, as well as paying prices that will not cashflow. 

I got my license earlier this year so I can keep growing my portfolio and help other people learn what I did.

This increase is partly due to higher demand for rental properties as people move to the area for work and lifestyle reasons by there are other things to consider of course.