The house is $200k with 1619 sqft, built in 2019 and modern styled.

It's by a state park so the numbers provided by AirDNA show really good bookings for about 3/4 of the year (winter has more vacancies but we feel our cabin is a bit more modernized than others and will do fine - we won't be sitting empty for 3 months). 

What a creative solution for an area that's difficult to find multi-family properties in.

Would love to learn about any additional needs; definitely helps to keep landlord solution providers on their toes!

Solutions:1) Don't use dummies for your mortgage. 2) Say you're doing it to "stay liquid in case something comes up," without specifying that that "something" is going to be an investment property and that "coming up" is going to happen b/c you're looking for one.

Would love to learn about any additional needs; definitely helps to keep landlord solution providers on their toes!

Thank you all in advance to enlight me .This seems like a good solution but I don't know how many people are doing it.  

It has been a great rental, however, now the property needs to be modernized.

With that, once you move you can rent as is, or modernize the property and increase the value, getting higher rent.

I ended up remodeling the kitchen and removed a wall and put a beam in its place and modernized the whole house.