Surprisingly, it has nothing to do with the roof.

If they can make enough just to cover mortgages, with the high appreciation of the properties, it's a great investment.

If you don't, the next seller (ie the person buying your flip) will have an inspection done and then ask for $ to cover a new septic. 

I’m collaborating with an investor who can help cover the remaining balance, but since the property isn’t in the best shape, and maybe fairly priced, but I’m evaluating how much room I might have to negotiate.

The idea is to purchase a single-family residence where they would help cover the mortgage, or at least reduce my monthly payments.I’d love to hear from anyone who has experience with house hacking!

Violating these rules can lead to severe IRS penalties, including disqualification of the tax-advantaged status of your retirement account.Each self-directed retirement account must have sufficient funds to cover all property-related expenses, as you cannot personally pay these expenses.

Would recommend documentation to make sure you’re covered if you have to go to court to evict.

A solid understanding of the rules can open up opportunities you didn’t even know existed.House hacking can be a powerful strategy to build wealth while covering your living expenses, and incorporating advanced strategies like 1031 exchanges can help you scale faster.

The other thing that you can do is find a HML who will allow the seller to cover the down payment then seller finance the downpayment.

Of course capex does come into play, but I have a lot of factors on my side including most major components of the property have been replaced already, including roof replaced 2 years ago, water heater replaced 3 years ago, full house was just repiped, septic system is 5 years old, HVAC system replaced in last 7 years, i do not cover appliances with warranty in my rentals, and the tenant I placed in the property is a single dude who works 60 hours a week and just needs a place to sleep.