You'll offset your own living expenses, you can do it for very little down and you'll get some experience landlording and understanding how the tax savings and depreciation work. 

SPC is great for moisture-prone areas like kitchens and baths, while WPC is softer underfoot and ideal for main living areas.

Quote from @Matthew Kwan: Indeed, you can definitely househack in a multifamily by living one unit and renting out the other vacant units.

But, since you only lived in it for a year, you will have to pay capital gains. 

I intend to change to hard flooring when I can arrange to be there for a lengthy time in the off season, because I live long distance.

I told him I was glad I did not live on that street.  

Worst case with auction you get to live in it for 2 more months and don’t have to pay to sell.

This quotes is only to remediate the mold it does not involve fixing the drywall afterwards.We are trying to get more quotes but unfortunately we live in Stillwater, Ok ( a small town) so most of the professionals have to travel about an hr. to get to us.Attached is the $11K quote – it seems inflated to me.

However, it started to get a bit tough since he is no longer in communication with neither me nor the seller and he is living in the house.

If you're rehabbing the house next door, you'll see who is coming and going, who actually lives there, do they go to work (are they able to fund those rent bumps).