I just saw your post.We have a small house available for short/medium term stays in Old Brooklyn in Cleveland. 

Here's thoughts on house-hacking in general-https://www.biggerpockets.com/renewsblog/considera...Flipping, that would depend on what deals are available.

It just may not be feasible or wise to spend the time to create a database, maintain contact with owners, lenders and prospective buyers when there are few transactions).Conversely, available product is scarce in major markets, and as a result, a MHRV broker in a nearby state likely knows many eager qualified buyers.In large markets, I think posting a listing on Loopnet or other listing sites can be the kiss of death for a good quality/easily financeable property – before you know it, tenants and employees are alerted, and you have a bunch of worried employees and tenants on your hands.

There are many options available that can get you 7+% return on average per year, one of them being investing passively in large apartment complexes with experienced operators. 

Based on location and opportunity, how often does the property right next door to you become available for you, at market value, to choose your own neighbor and control how the property will be used? 

I've also seen some with seperate meters already available.  

As usual - I agree with Wayne...a LOT of cooperation is needed from the seller to make a short sale work, including lots and lots of her financial documents, continued updates to such, her listing the home, making the home available for BPOs,  signing lots of agreements, coordinating closing, possibly her being asked for a contribution if she has assets, etc etc....

Let me know if you have availability. 

Due to this, i am now thinking of buying my first home in another city/state while continuing my corporate career here for a few more years.The obvious issue with this is the type of financing available if its not going to be my primary residence. 

Currently, there are 7 to 8 feet of storage per person available in the U.S.