If it is a large or expensive repair he will notify me.

Yes, you do get income on the other side, but the prices have bumped up so with interest rates and less inventory to buy, the net income is much less than a few years ago.You can still do it, you just have to factor that in and expect negative cash flow while you live there and then see how good it will be when you leave in a year and do it again.

The reality is that they should not want to invest in your first flip because it's too risky if you have never done it.

Quote from @Jorge Liang: Lol how do I even respond?

I had an investor that was willing to put it under contract and then it nearly fell out when he asked for too much from the business owner.

@Don Konipol has it right!

Becasue i can house hack it.

Since you plan to keep it the ARV doesn't matter in this calculation.

Hey Brandon, I help different investors around Richmond do exactly what you're trying to do.

There’s no room for emotion in investing—if you catch yourself getting eager or excited, take a step back.