If it doesn't work out they get the money back in short time with other investments.    

Hey @Brock LarameeHave you considered living in the unit for a short time frame and then moving out and using the cash flow to rent somewhere more desirable.

Long story short.

I'm guessing this is a reference to STR/AirBnB type setups and the answer should be "No" even if I'm renting month to month so long I'm not doing short term rentals??

If the lender discovers what you have done and so choose they may exercise the clause and accelerate your loan.

I would connect with some wholesalers in the area.Also, there are some alternative ways to invest in Real estate for a big return.. for example, there is a desperate need for corporate rentals (furnished short-medium term leases) that pay 3 times per month what a traditional lease would demand.

If you are thinking about a "house hacking" loan on a 1 to 4 unit place  that only requires a 3.5% down payment but try to get on  3 or 4 unit place under the same roof, which is one of the parameters of the FHA loanIf you need any short term return, you might try a Fix and Flip type with wholesaling and /or a quick flip. 

To make it short.

I have 2 houses, 2 townhouses, 1 condo that I have been renting short term with good success.

From what I experienced, when a property is sold, you're due gains tax to the federal and state authorities, either short term or long term if you're the owner.