Ideally that is what I’m looking for is some stable monthly cash flow to help me feel more secure since my current business could be volatile or fizzle out 5 years from now.

I deal with a lot of these people because our houses are mostly new constructions and great for business like this. 

Most realtors I deal with recommend 1% earnest money to their clients/sellers.

When considering the purchase of a property with existing fire damage, there are several important factors and protocols to keep in mind:Assessing the Damage: Conduct a thorough assessment of the fire damage, ideally with the help of professionals, to understand the extent and impact on the structure and systems of the propertyRepair Protocols: Follow local building codes and regulations for fire damage repair.

Ideally, we'd like to do this so we can file for failure to pay rent against the tenant if it comes down to that, but we first want to make sure it's legal in our jurisdiction to do this. 

Who’s your ideal tenant?

Ideally, I’d love to house hack again for a year, then purchase a single family after a year to eventually sell or rent out.

I figured this to be a decent deal at the time considering i only have to pay $349 out of pocket, but i am quickly finding that this was a less than ideal purchase.

Your experience or lack thereof isn't relevant as long as you ideally have at least one year of current mortgage history that will open you up to more DSCR lending options. 

Ideally I just want to start with one flip to gain experience and confidence.