Can you get started with a house hack close by to where you live or move if you have to? 

In this scenario, you will benefit more by holding off to qualify for a standard primary residence loan and house hacking. 

I think they hold all loans in house so could potentially be more creative.  

I buy rental houses in Indialantic and Melbourne Beach, in addition to my Texas portfolio.  

We recently did the same thing with our primary house.

the more you could make it an emotional (unique niche place that stands out) decision and find a buyer attracted to that vs pure math, the better, I suppose.I'm thinking 'the right location' (and buyer) for this scheme is more like the "hobby second home" crowd, dedicated ski/vacation town, right on the beach, cabins, main amazing attraction right nearby, NOT any-old air bnb beachtown condo, though, overall.

I live far away from this house, thinking about getting a property manager.

I want to help with low-income housing in my community that I know well and I've worked in for many years. lenders sometimes want 3 deals of the same level done.

we are building a building just like this in Columbus Ohio except vertical. we added kitchens and all studios and common commercial and mixed it in. multifamily is much easier to finance. we got a similar valuation. we don't have to buy 1 million dollars worth of furniture either. apartment hotels are what some people call them but we are underwriting affordable housing. we copied the hotel development rezoning applications in our market but went for multifamily and I had it underwritten at 15 million and we just had the number one debt placement broker look at it and appraise it for 20 million because they added a tax abatement. hotel development works because of the nightly rate and higher occupancy and no kitchens in every unit.

I am looking to learn more specifically about deal analysis, multi-family properties, house hacking, and section 8 renting.if you have any recommendations on who you like to watch or listen to please let me know!