I feel like the stress level of owning a 3 unit out of state is totally not worth it to have a crash pad unless you already have a network of contractors, etc. 

Sometimes you need to think like a farmer.I have three rentals that were purchased before the market crashed.

It's this type of stuff that leads to crashes and devastates so many lives in ripple effects.

Wait for the next crash as people tend to unload their vacation homes first.

Trying to figure out what is wrong/why I haven’t been able to get a hold of a place that follows the 40% Capital Expenditure rule or the 1% rent/cost rule.Here’s what I’ve come up with:Nashville sometime since the beginning of the recovery from the housing crash has become a very different city.

I would just be careful to anyone who has not seen or been through the 2007- 2008 crash selling deals.

I have never owned or dealt with real estate during the 2008 crash. 

We rented an AirBnB a few years ago in Hollywood that the owner bought at the bottom of the crash.

Take a break, go on a long vacation and pay a friend to crash on their couch for a month or two, and try it out.

It's possible, but it's also called mortgage fraud.You may be able to get away with long term (standard 12 mos) leases on 3 units and then AirBNB on the furnished 4th with time held back for your own use, but that's about as far as I'd push it.I hope that helps, and sorry to crash the party.- JM