I want to buy this house but I don't know how to do it with the complications that are involved, or if they outweigh the benefits. 

In my opinion, the benefits of holding outweigh the risks. 

Make sure the opportunity cost of doing it yourself outweighs the cost of employing someone.

@Brad HammondDo you find that the benefit of using a GC to do the rehab, in order to get a quicker turnaround, outweighs the cost the GC may be uncharging to do cosmetic work?

I've found that the benefits of a well run partnership definitely outweighs the cons.  

I believe either of these routes would outweigh the expense. 

You will make mistakes along the journey however, don't let that stop you keep pushing the reward will outweighs the speed bumps.

There are other options but down payment increases for investments and not sure you’ll find enough benefit to outweigh homeownership unless you buy something value-add that needs work or your invest into a larger deal with others.

If I were in your situation I would come up with an extensive list of pros & cons to (1) paying off student loans now and buying a house hack later (2) house hacking now and paying off loans later. if the pros significantly outweigh the cons in either scenario, go with that one.Hope that helps! 

The prices in 2021 simply out weigh rental income.