Quote from @Homer Wanamaker: @John M Chludzinski Yes, we have multiple portable XRF Guns within our organization to determine lead-paint. 

Unlike a standard lease where you vet one household, you’re screening multiple individuals who will be living together, often as strangers.

I think the right investor would do 2 units long term one unit short term. this strategy allows you the greatest flexibility. we are also developing an extended stay hotel that's 58 rooms. the size of the average room in that is 216 square feet and rents for a target $80 per night. our development cost per room is 100k per room with hard construction. the smaller you go the more money you make. if I was to suggest anything it would be to focus on the smaller part of the market and on multiple unit dwellings and finding and identifying markets that meet similar numbers. that will probably be midwest markets.

In many counties they allow multiple building especailly if they are small.   

Insurance also needed a reset after they were insuring homes at $700-1,000/year ($300,000+ dwelling coverage) with a $1,000 deductible. 

At this point I am very familiar with the business and this particular market.I am considering purchasing 10 acres or so of land for an eco dome / clamping concept with multiple glassy domes on the site.

Our income w2/1099 is low about 140k a year household so thats the measuring stick.

Rentals, on the other hand, give you steady income with 5-6% returns, backed by strong demand (54% renter households) and affordable rents averaging $1,783 for single-family homes.

Quote from @Charles Evans: For a house hack, on questions for homeowners insurance like "how many people are living in the household," etc... do I need to answer with just my unit, or do I need to list them as well?

Administered by the US Department of Housing and Urban Development, it provides rental assistance for some 2.3 million qualified households annually.