a couple of my clients have liked the hybrid approach, meaning a long term standard tenant on one side and an MTR on the other.  

My underwriting showed each of these properties to have initial negative cash flow but projected an OK long term return (far less return than I expected a few years ago).I do not understand 0% LTV in properties in average or above appreciation markets.  

Fannie Mae and Freddie Mac make multifamily particularly attractive compared to other CRE asset classes because they offer some of the best terms in the market—longer amortization, fixed-rate options, supplementals, and generally more favorable underwriting.Another key difference as you scale into MF is how lenders underwrite the deal.

Hey Alexis,Annual rental residential management and short term (vacation?)

Doing option #2 would mean that I would likely need to leave more capital in the house in order to achieve the same cash flow, even with rental income being $100-$200/higher per month. 

Lower down payment, favorable financing terms, ideally reducing your housing costs, building equity, and learning how to be a landlord are all things you can expect after your first house hack assuming you buy right. 

Long-term financial independence requires a rental income that increases faster than inflation.

You also want to make sure you protect your downside in the case regulations do emerge down the line, by looking at the Mid Term and Long Term Rental rates on the property as well to make sure it is something you could live with in the case there was a change.With the amount of Airbnb listings continuing to grow rapidly, it is become increasingly more important to provide a quality service to make your property stand out among the rest.

I've been hearing it's possible to get a construction loan in TN. with 10%dp and interest payments due after the house gets sold, on an 18 month term.

That’s a solid move — taking a property most would overlook and turning it into both a profitable and purpose-driven asset.We’ve been doing something similar through our Home Asset Conversion model, helping property owners reposition underperforming real estate into veteran and senior shared housing — with long-term leases, stable cash flow, and huge community impact.Sober living, senior living, and veteran housing all share that sweet spot: high demand, low supply, and mission-based investing that still hits strong numbers.Curious — did you self-fund the rehab or structure it with a partner/investor model?