You can also hold the security deposit for those repairs (if you've stated those terms in your lease agreement).The short of the long here is that they're in violation of the lease and you are able to take action.

You will get almost always get better terms using conventional financing. 

Hi,I run a short-to-mid-term rental business.

@John Michael RobersonI agree with @Kory Reynolds: tax-wise, it is a workable plan, as long as you are hands-off, which in technical terms is known as failing material participation.I would caution however against focusing strictly on taxes.

There’s a plethora of tools out there, but looking for advice on where people have had the most success that has gotten quality long term tenants? 

The idea is to get as much as possible using the equity and pay the rest with our income, with the goal of long term wealth building for financial freedom.

Would you be targeting regular long term tenants, section 8 tenants, or possibly STR? 

Maximizing Cash Flow: Share the creative ways you've been able to increase income from your house hacked property.Long-term Benefits: Beyond the immediate financial perks, what long-term gains are you seeing with house hacking?

Depending on the equity in the properties, you may need to provide a down payment or negotiate terms with the current owner.

Places like Blue River a town just south of Breckenridge that actually allows short-term rentals, some places in Silverthorne, some places near Crested Butte.