Your income is Sales priceLess Purchase PriceLess Costs to sell propertyLess renovations/repairs/holding costs.You mentioned having partners. 

But I’ve seen enough people wrestle their way through this to know that once you’re on the other side, it’s like taking a deep breath after holding it underwater for too long.- Dennis & Jasper

Investment Info:Single-family residence buy & hold investment.

I am house hacking my unit and is there any difference in those processes as opposed to a regular rental property?

If you are doing a BRRRR the rehab for a rental you intend to hold might be different than a flip you intend to sell.

@Sarita Scherpereel holds real estate investor meetups in the Chicago area, and many house hackers go through there.

I work with tons of investors, both local and out of state and 1 very common problem I see that is holding new investors back from getting a deal is 1 simple thing... getting stuck on the list price.

Sometimes too portfolios allow you to include lower valued properties that might not be eligible for regular DSCR lending. 

That way you can work backwards on the land price AND your holding costs while you're designing, permitting, and building the home. 2.

Even if your GC is decent was able to get your job done in 100 days, if it doesn't resemble the comps in quality then your 300k exit is now 270k and with all the exit costs and holding costs your 40k expect profit is now under 10k.