If I am house hacking then what should be the insurance.

@James Tobin  house hacking is a GREAT way to start.

I have to flip an entire house to make $12k, but an agent makes that in a couple hours without having to leave their home?!?!

You've probably heard of big Landlords losing property, but only because they were flagrantly violating Fair Housing, running a slum, or otherwise violating the law in an egregious manner.

There are 9 x buyers for owner occupied houses than there are investor buyers. 

You don't want to distract the buyers from the house with too many items or stuff.

This will show you that people have options to go out and pick another house over your place. 

Be careful not to violate any Fair Housing laws during this process.

If you are looking to house hack in our local neck of the woods, I recommend reaching out to @Josh Green.

I think if you can nail that down you will be able to find a market easier.As a buy and hold investor some of the things that were important to me when deciding on a market were landlord tenant laws, price to rent ratio, housing demand, ability to build a team, large population 500K plus, multi-family availability and some other factors.take the process step by step and you will be fine.