Major water damage in my investment property from a sudden pipe burst there was some other damage from a break inand had a previous break itI have max 160k  insurance payout.It is a builders risk policy for house flipping.

A buddy of mine invested early in that area, and let's just say he's not regretting it.From what I've heard, these massive projects tend to create ripple effects in the surrounding neighborhoods.

Is it flood damaged or located in a flood zone? 

I want any damages/fumigation related to termite to be handled by the seller.

It also depends on the extent of the foundation damage and repairs, I have done minimal slab crack repairs on flips and disclosed to buyers, without any issues, and I have also done more extensive slab repairs with plans, permits and inspections, and also disclosed to buyers, without any issues. 

You have to know how to manage that property effectively to make it work.

Having a detailed rehab plan and experienced team is critical.Not Screening Tenants Properly:The rental phase is crucial, and bad tenants can cause property damage or miss rent payments, disrupting your cash flow.

I just got an email that my pro membership auto-renewed today and went to the website to cancel, only to have the cancellation effective 8/19/2025. 

If your goal for house hacking is not to cashflow immediately it may make sense if you're paying a significantly less amount in mortgage and expenses on your house hack because the other side is effectively helping pay that amount.

Better to own a few quality properties than a bunch of crapboxes that end up damaged and vacant and eventually lose money.