Hey @Philip Caslan, it looks OK but I will say that the house looks kinda empty here and there. 6 place seating for a house that sleeps 12?

My wife (26) and I (27) are wrapping up renovations on our first investment with plans to sell come spring or refinance to hold it as a rental.

@Wayne Brooks is also correct that you are under no obligation to use the excluded gain from your residence to purchase new property (although I assume you still would since...you're selling your house).

Hi @Kristina Korosec house hacking is great way to go. 

start with a house hack.

Originally purchased as worker housing for another business but now use a rental.

We invested $20,000 in renovations, modernizing the home and increasing its appeal.

In 2020 the house was 75% done and I had to re appraise the house and get a new loan to pay off all my credit cards, personal loans, etc.

Hi Wayne,Other neighborhoods to consider are the following: Near Eastside: This area has been seeing redevelopment and could offer good opportunities.Irvington: A historic neighborhood with a lot of charm and potential for renovation projects.Garfield Park: Another area that's been on the upswing and attracting investor attention.Mapleton-Fall Creek: This neighborhood has been targeted for revitalization efforts.Riverside: Close to downtown and has been seeing increased interest from buyers and investors.Reach out if you'd like to talk about financing options!

Since you have access to the VA loan & you and your wife are open to house hacking, why not consider a Live-in-Flip/BRRRR hybrid?