Anything over 30 days is considered a long term rental, so you will need a lease, do background checks like you would with a LTR.You could do well with that strategy. 

Being that competition is big, it no longer makes sense the numbers that have to be offered in order to get the deal.I’m looking in to shifting to out of state and I’m open to be on site pretty often by hopping on to a flight.I’m debating between markets in TX and Ohio but in the same time willing to hear that I’m completely off between these 2 states or that their are better.I am looking for places where population is growing, prices are not too high, landlord friendly, rent are above $1200 for 2BR, big businesses and jobs and a very big focus by me is to be in a safe area.I would appreciate if I can get some honest opinions on this.

As far as house-hacking, the way I have seen this work (I have helped multiple clients with this strategy) is purchasing a duplex or a property that has an existing layout that could be CONVERTED into a primary and JADU. 

Because interest rates are higher than before you're expectations on the strategy might have to get adjusted and be more creative in the acquisition. 

Every other house or business is boarded up.

Given the fact that's this property has been sitting for a while, what's a strategy for making a first offer?   

He gave me a $50K business line of credit and his staff has always been easy to work with when I simply call them.

It's a program that helps/teaches you how to access business credit to fund your business endeavors.

And I want to see if I can use some leveraged strategy here.

I am still exploring ways how my background in inspections could be used toward investing so would appreciate any tips on suggestions of strategies you all think I should use.