Be mindful of the state of the property's general structural integrity as well as the roof, HVAC, plumbing, electrical, and door systems.Create a comprehensive scope of work that describes all the fixes and enhancements that are required.

Check regional building for the age of the furnace, water heater etc and if they are nearing end of life be sure to plan on replacement costs.

Show them what you know and exactly what you plan to do with whatever deal you need them to finance or partner up with you on. 

It's crucial to approach your income goals with a plan—breaking down your long-term ambitions into annual targets makes them far more manageable.

I am not planning to sell in the near future but I am planning to refinance next year, so this is very important!

Most renters prefer to rent a single family home, but most investors prefer a multifamily from a returns stand point.You should probably consider a multifamily if you plan to house hack.  

You need to conduct comprehensive inspections, analyze market trends and understand tenant demographics.

For your plan to work, they both have to sign off on the sale. 

I don't plan on opening a LLC .. 

I guess my fear is purchasing a home in STONE county and then applying for it to be a STR and being denied. tonight there is a meeting of Stone County Planning & Zoning and there are two families trying to get the zoning of their home changed to operate a STR.