One of the trickiest parts of flipping houses, at least for me, has been figuring out how to accurately estimate rehab costs.

If you're open to mid term renting (we transition to this during our slower season), I'd also recommend speaking with the university and trying to see if you could try to be the source for their mid term housing.

They also set up their own mortgage servicing arm to do it in-house, as opposed to farming it out to a third party. 

Save up more capital and buy an investment property or just house hack for a year. 1 year really isn’t that long and flies by pretty quick.

Are you house hacking one of them?

I still have that house and it's bought me at least 5 other properties.

For a first time investor, I definitely recommend house hacking for most people as homeowner loans are by far the best in terms of rate and LTV. 

Purchase price: $160,000 Cash invested: $12,500Singe family house-hack renting two bedrooms in a 4-bed, 3 bath, 2-car garage home.What made you interested in investing in this type of deal?

Made a dilapidated house into a gorgeous family home!

A good ol fashion phone call or house visit would probably solve your problem.