What I am getting at is, that tenants are often late, and you will have to become accustomed to working with tenants.

I'm still waiting for luck;-) Actually, when I work Hard/Smart luck does appear;-)

Now, under Risk Rating 2.0:- Premium Calculation: Flood zones no longer directly impact the price of flood insurance.

Well, this my opinion, if you like unpredictability, constant change and people/contractors with no regards to you or your property then "YES" flips and STRs are the way to go...LOL....I love it!!! 

I have several CFO clients that do similar heavy rehab projects in the Midwest (albeit with a lower purchase price), so you can definitely make the numbers work. 

If you took DIY possession, was it legally allowed because the property was abandoned, or was it illegally obtained and doesn't mean anything when it comes time to file a quiet title lawsuit.If legally abandoned, that means the owner is gone, has no intention of coming back and no intention of ever doing anything with the property.

I suppose I could update it to work on real estate, but I am no AI expert.

It’s still relatively affordable compared to bigger cities, has strong rental demand, and no state income tax, which is always a plus.

i think this is a decision only you can make. im in a similar boat (house hacking my primary) and considering renting the whole thing out to get a solo home for myself. certainly a lot of appeal in that, given how much work goes into the house hack. but whether or not the numbers on cash flow align is up to you. personally i dont think $150 (seems like about 12%?)

Either way, there are several people who make this work all the time.