Those holiday numbers are a bit low, those daily numbers are a bit high. 

Originally posted for 100k over what the purchase price was I submitted an low offer and received a counter.

to your point, if you save up so that you're in a strong financial position, house hack a solid duplex in a decent neighborhood, make smart decisions, and hold it indefinitely, you'll be fine.conversely, if you have $0 and somehow start out with a risky flip, or borrow $20K and spend it all on a magic mentoring program, or buy a terrible property in a neighborhood you've never been to, you may not be fine.

My father is a contractor so we will be able to complete most of the work ourselves while keeping costs low and add equity.

Certain neighborhoods do not allow STR so be sure to check the restrictions when looking.

Please do check with HOA on having an STR in that specific neighborhood.

If they are low balls then usually you are asking someone to work for free as the fix and flip landscape is competitive for a low pay out.

It is pretty low risk from my viewpoint.Then, after you've sold the first property, you could buy another home that needs to be fixed up, live in it as your primary residence, rehab it, and sell it again after living in it for 2 years as your primary residence out of the last 5 years.

Low insurance" is concerning to me, as Athens gets a LOT of high wind / weather / tornado activity for unknown reasons - they just got hit again last weekend. 

This is one of the best ways to scale a portfolio while keeping low out-of-pocket costs.Big Picture: The Best Move for You•If you need funds now, a HELOC in your name makes sense—but keep the rental in your personal name to avoid triggering the due-on-sale clause.