This is once again an egregious example of headlines and news articles, while literally accurate, are written in a way to scare and sell.The article then talks about the murdered foreigners.

You also need to make sure your insurance accurately covers the situation you decide.

If this analysis is accurate enough, in this case I'd most likely hold, since I could 1031 the gain at the sale instead of straight selling.

You have full access to see what similar homes with similar finish outs of your final product are selling for to back into an accurate ARV.4) Lastly, as someone who has house hacked myself I would make sure you understand how a lender will analyze your second property.

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

Take a look at all the actual numbers because my suspicion is your underwriting may not be accurate, just from knowing how hard it is to find properties that pencil out these days in general, and from seeing how many beginners are underwriting their deals... 

Everything people read on BP should be taken like a grain of salt and do reach out to experts and get the real answer for their scenario to make sure they get the most accurate solution.

i believe that you mentioned in another post that you don't already own a primary residence. is that accurate? 

a good deal for a SFH flip would be the buyer being ALL IN at absolute max 80% of the ARV (including the PP, renovations, assignment fee, closing costs), but a lot of investors would say it has to be max 75%, 70%, maybe even 65%. that said, shoot for 65%, and know your renovation costs. i've used $65/sqft for a gut reno, and until proven otherwise i'm assuming it's a gut job, BUT that PPSF is not always accurate, sometimes there are unique issues with the property that would drive that number way up. it gives you a place to start, though. 

A local real estate agent with knowledge of multifamily homes in the region should be consulted.Check that the rent reported for the inhabited side is accurate.