For most people a house hack is a great start. 

Even if the owner seems like a really nice person, they will micromanage the builder and not like the specs of the house the builder needs to do, and/or the timing in which the builder gets it done, etc. 

If acquiring, do you want to fix/flip or BRRRR?

Do you plan on renting out your current house or house hacking it? 

It costs the same thing to fix a hot water heater or remodel a bathroom on a $200K house as a $100K house.   

I am thinking about flipping it and getting some win.

I always am amazed when someone selling a $600,000 house brings me a listing agreement where they agreed to pay a stranger $30,000 to list their house for sale and they didn't even read the agreement much less spend the $250 to have a lawyer tell them that yes, if they sell it to their cousin during the listing period they still have to pay the $30k.

Maybe an investor is flipping a lot of properties and you could offer to pick up and deliver materials to his crews, clean the work sites every night, bring his crew lunch, or whatever.Find a way to make yourself useful to them, and they will reciprocate.

People are not choosing the cheapest housing available.

- How much would you say the house is realistically worth?