Take into account elements like the rental market dynamics, property condition, location, and potential for value-adding options.Select the house hacking strategy that will work best for you.

The conditioning of "get a degree, get a job and work 40 years and shut up" was a strong reality in my upbringing.

Hi Shivani,First of all, the number chosen will need to align to your risk tolerance.Now coming to your question, when looking at distress homes the Cap Ex won't work because of the condition. 

You shouldn't have a problem renting a 3bed/2bath in $1700-$2000 range, depending on the property exact location and condition. 

Inspect the property - ensure the property condition is in line with the purchase price.

Inconsistent Quality: Flippers might hire less experienced or lower-cost labor to do the work, leading to inconsistent quality and potentially unsafe conditions.6.

@Ilan M AliphasYes they would be entitled to their emd back as you cannot deliver the home in the expected condition on day of closing

Heating, air conditioning, hot tubs, major appliance failure, septic issues, etc.  

However, they may need to meet certain conditions and repay any remaining amount of the loan or use their remaining entitlement. 

If you survey the landscape of coaching program graduates, a consistent theme emerges: those that "make it" tend to have the drive, curiosity, passion, grit, relience and focus to weather the journey...