Understanding cash flow and loan terms will help you manage payments.

If you lack the funds to flip any other way, go for it, but do understand it's not a business model for long term success. 

I'm Paul from NorCal, passionate about real estate investing for long term rentals I'm particularly passionate about finding deals outside of California Excited to learn and connect with you all! 

The 6% vacancy rate is a good estimate, but local market fluctuations could affect rent.The HML terms (11.95% with 3 points) are high, so ensure a clear timeline for refinancing to minimize interest costs.

is this a long-term play or short term?   

I am interested to see if anyone else has invested in that zip code, and what they think long term values (5-10 years) will look like.

Don't be discouraged by the lower returns—house hacking is often about long-term wealth-building, and your primary residence can offset some of those mediocre numbers.Make sure you're accounting for local trends and realistic rents—sometimes expected rent growth is overly optimistic, or costs like repairs might be underestimated.

Someone who can perform duties such as: fix closet doors, replace light fixtures, replace a front door, etc.Ive used 2 handymen off of Google in the past and they both ghosted me at some point.

This could reduce your taxable income in those years.Your decision depends on your long-term strategy.

Hello BP fam,I'm planning on upgrading my flooring from carpet to some sort of laminate/vinyl/hybrid flooring - both for personal (allergy) purposes in the short-term, and for re-sale in the long term (6mo+).