I own a medium haired Pomeranian dachshund mix. He is my child. I also studied up on what to expect so I know what's true or not about their compalibilty and I will be honest. I would not recommend them living in a house with young children because they do get threatened easily by a over amount of hyperness that a young child or even a young dog would bring into to the mix. I'm not saying they're bad with children but they're bad with too much energy.
They are definitely lap dogs. They love cuddling. They don't need long walks but I give mine long walks anyway, because he loves it lol but not only are they lap dogs but they are yappers. I have a skate park down the street from me and my dog goes crazy with the yapping when he hears those skaters skateboarding down our street on the way to the skate park. But besides the yapping and being wary around hyper children they tend to be really stubborn. Trust me stubborn does not even cover it but they are a really awesome breed mix and this is coming from someone who grew up with a husky and pitbull and was sworn to larger dog breeds. So enjoy, hope I helped.