Let's roughly say running electric line is $10kInstalling underground propane tank 1000gal is $10kWhat's your experience heating with gas vs electric in terms of warmth?

Overpromising and under-delivering in terms of expectations at times.

Both options have pros and cons, and the right choice depends on your lifestyle, experience, and long-term goals.

I know real estate is a long term play but you never know when you'll need access to that capital.There are turnkey companies out there that handle the entire process for you from top to bottom so it makes for an extremely passive investment.

Without this, it’s tough to calculate a realistic cash-on-cash return or DSCR (Debt Service Coverage Ratio).Condition of the Property: Are there any deferred maintenance or capital expenditures needed in the short term?

I think if you are going to keep all three parties involved as owners of the deal long term then you need to separate yourself as a renter and a contractor.

Those were the situations where I was looking for ways to make it work.Don’t come out the gate haggling, or even discussing the terms at all.

Also, the term "house hacking" is generally used for your owner occupied home (renting out rooms in your primary home) and that income cannot be used to help you qualify (it is considered boarder income). 

A lot of rehab lenders will account previous reno expereince when it comes to terms.

Long term hold.