This is the heart of the reason housing isn't mroe affordable, that landlords bear these types of costs every day.You could probably find cheaper labor, especially to haul away the junk, but not easily as an out of state investor. 

hope it works.. but throwing in the affordable housing requirement a lot of times kills the project right there.Also at least in markets I have worked the time lines START from completed submission.. you make your submission and then get an incomplete letter this goes on for months and months soo time lines still extend.. but at least its a step in the right direction hope if works.

@Shaylynn O'Leary You’ve got a great strategy, and reinvesting your flip proceeds into a more affordable market makes a lot of sense.

You can charge more, the furniture is already there, and if the house is stunning then it could get attention.

Everything on my side was set to close, and then today the seller is refusing to close on Monday as they have not moved a few pieces of furniture they were supposed to get movers for.

Instead, I surf Facebook Marketplace for heavy, handmade furniture.

I’m curious: are others who house hack buying homes they can just barely afford, or are you sticking closer to the ~30% housing rule and using house hacking income as an added bonus?

Not some basic furniture with a couple of sets of silverware thrown in.

I would suggest finding those who are doing direct mail to note owners and get assets they can't afford.

They also tend to offer good cash flow relative to their cost, especially in areas with high demand for affordable housing.