At the current cost to build estimate $150/sqft, It appears a 1500-1700 sqft new construction will need to sale for around 399,9k to make a decent profit.

So my plan is to house hack for few months and then move out so that it can generate some cash flow..

When you have enough data over a long period of time, there should be enough to generate a useful score. 3.

If you love property management and want to start a business keep looking into it.Otherwise keep buying income producing properties to generate wealth.

Looking for a creative way to either turn my current property into a rental or a flip or any other way to make a profit. 

Your specific variable expense assumptions are wrong, BUT you stumbled into them being correct overall.Also, you are approaching this correctly - entering in the numbers to generate a purchase price that meets your metrics:)

I have stayed profitable, for now.

This deal highlights the power of well-executed renovations and a strong partnership in achieving impressive profits.

It started with really buying my own personal home, then selling and making a small profit.

By 2030, we want to have grown a portfolio of over 100 units, created a property management company that manages an additional 100-200 units, and, finally (and most importantly), we will have established a non-profit that is focused on quality, affordable housing that specializes in providing housing and resources at/on the "services cliff" alongside financial counseling and first-time home buyer education in our target area.Our target area is the Springfield, MA and Hartford, CT areas with dreams to expand to Central Massachusetts (Worcester, MA), Southern New Hampshire (Nashua, NH), and Southern Connecticut (New Haven, CT).Would love to meet up with likeminded individuals in our area!