Because we lived in the house while renovating we had no added carrying costs.

They definitely have overlays but they keep all of the loans in house including owner occupant mortgages.

Quote from @Nick Bednarczyk: 5 Important Lessons for New House Flippers1: Thoroughly research financing options 💵Using a hard money loan can be a smart way to fund your flip, especially if you don’t have a lot of cash on hand.

You're house rich and cash poor.

I wouldn't buy in hilltop and whoever is putting you there I'd love to know. it's one of the worst zips in central ohio and maybe one of the last to find existing inventory hence why the realtors sell it.

@Nadir M. tenant is responsible but realistically if a wasp nest is attached to the house I remove it. 

The tenants would have to supervise the bunny closely if loose inside the house.  

Even on a $30k house, I need $7500 plus escrow and $10k-$20k for rehab.

Why do you think you can learn to house hack and do midterm rentals right away there?

We have a lot of money tied up in the unit and would like to find a rental unit the we would consider living in at some point with a house hack option/ADU and or a home that has a better long term appreciation potential.