The truth sign I see is, extremely low inventory in most cities everywhere in USA, that being said, huge demand and very little supply.

I am from Paterson, i don't want to invest here but worst case i might if I can get it cheap/ now i know the supply is limited i understand that but i wouldn't want to overpay for a property cause you will be in the red already. cash flow is more important to me, i will form an LLC when buying the property. with high taxes will buying a property here to house hack make sense still?

Go down to the local supply house, lumber yard, hardware store, etc and ask for the manager.

We also hoped for appreciation, once the community finished building, since supply would be finite.

We also hoped for appreciation, once the community finished building, since supply would be finite.

The houses are fully furnished and they supply some supplies as well as a gym, free golfing at a local gulf club, and frequent parties and BBQs.

Similar to the 08 housing crash oil is bouncing back from a huge recession and that affected the research and development of many of the big companies thus removing a large potential supply of oil from future production so it may catch up to us just like there’s a housing shortage in many areas now because of how many builders went under from the GFC.

One exception to the deductibility of driving from your current apartment to the new house would be if you don't have a home office in your current apartment; if you don't have a home office, the IRS considers trips from your current home to a rental property to be "commuting", in which case the mileage is not deductible.Tools and supplies are generally deductible expenses.

There would be underlining fundamentals to support that too like jobs, growth, schools, weather, supply, demand etc...Good luck! 

Do to this fact I have to keep a full supply of tools and material in storage units in each area I flip so when the subs decide not to show up anymore I can jump on a plane and go finish the project.I wish you great success.