In total, I won't be able to rent out my unit when I need to and I won't be able to sell unless I take on a heavy loss.

Keep in mind, traffic in Louisville can be quite heavy.

That being said there are those that are willing to accept buying in an appreciating area where the rent only covers the mortgage (PITI).

Quote from @Bryce Cover: if you aren't getting licensed yourself, are most of you leveraging realtors for your transactions, lawyers, or representing yourselves in these transactions?

Once you evict them and are ready to rehab, you have various loan options to cover the renovations costs and pull out equity.4.

We live in this nice house because I'm covering some of the mortgage expense with the income from the house hack.

NW covers a broad range of neighborhoods.

Time to close, cost of capital, & their requirements - there's a few that cover detroit & will lend up to 75% of ARV, 90% of purchase price + 100% of rehab costs

The plan is to provide the tenant with their own stackable laundry in their unit and offer the shed for storage.Is there a legal timeline needed to give such notice or is issuing a new lease best /covers all bases?

Some of the best BRRRR deals I have seen play out this way:You buy a home cheap enough that when you do a renovation and pull out 75-80% LTV, your rent covers your mortgage and you have returned most of your investmentThis is for A-B class areas.