House hacking is hard here, but it's not impossible.

I may have achieved 4x (barely), but if they are a contractor they could possibly do better than the best I have done (I am not saying it is impossible, but would be rare).Leverage is RE’s super power.  

In many cases, the claims handler will reach out to the issuing agent and have the policy formally issued.As for whether the lien might be covered, it’s impossible to form an opinion without knowing two things:Whether the lien was listed as an exception on the title commitmentThe specific nature of the lienIf this is a foreclosed property, the lien could relate to code enforcement violations.

Essentially self management is impossible for them and need a PM. 

You mentioned "unicorn", and I agree with it, it's impossible I appreciate the honest and candid response. 

Given the low monthly return that makes it virtually impossible to return my equity without selling, I'd have to accept my equity being trapped in the deal until we sell sooner or later.As stated earlier, the initial plan was to flip which would significantly simplify things, but we want to hold it if possible, we'd just have to structure it fairly.Perhaps a preferred return?

I think it's impossible to operate an STR without feeling nickel and dimed, even if you're self managing and nickel and diming yourself, just because there are so many expenses that you would never consider before you actually did it. 

That’s one reason supply inside the metro stayed tight even as demand grew.To the city’s credit, there’s movement.ADUs used to be nearly impossible to get approved here.

But, oversupplied markets are near impossible to resolve. 

@Sandip Hirpara While it is tough to materially participate in an STR 5 hours away, it is not impossible.