My plan for this year is to remodel and upgrade the house to then put it to cashflow either via short/long term rental.

Quote from @Scott Vaeth: I purchased a house in South Carolina this past year with the goal of BRRRRing it.

Not worth it on a 100k house, probably worth it on a 300k+ house in the long run. 

For example if the house is worth 400K, but they are willing to sell it for 375k because they are avoiding having to pay 25k in agent fees, then the bank can consider the equity gap as a down payment.

Needs new everything floors, kitchen, bathroom, paint, roof, landscaping and also has termites and a tentant that's not currently paying rent, for a 1000 sqft property they want 160,000 for it, but my comps say for a rehabed house in similar sqft property in that zip code would sell at 220,000k and I would say it needs atleast 65,000 to 75,000k in repairs so my offer price was at 100,000 to 110,000 and the buyer will not entertain my offerI would like to offer more but if there are any surprises I'd like to be prepared for those cost during the rehab process.

I guess I would ask the question in the context of houses that are rentable without the need or even opportunity to value add. 

I'm house hacking rn.

Housing prices the way they are and cleaning fees can anyone make money on str in long beach if they get in the game now? 

Just like any of the investment strategies here in BP, they need to evovle as the market and housing landscape evovles.

The good news is you don't need a specialty loan for a house hack, just a traditional primary home loan.