I speak with many college students about the benefits of house hacking and FHA loan questions come up all the time.

It’s not your typical buying process and if you’re self financed and you plan on living in it, aka “House Hack,” you can benefit with low down pmt, low interest, seller concessions, and perhaps a reasonable construcrion loan if needed!

1-Flip the house and walk away with about $120,000+ in profit with no capital gains tax due to the house being my primary residence for 2 years (my real estate agent’s appraisal.

The wildcard is if RE in town begins to make up the gains it didn't see over the last 10 years.

You'll immediately gain property management experience, rehab experience, acquisition experience, and experience in assessing the quality of assets.That sure sounds better than stuffing money under the pillow to pay off debt first.

You have to hold the investment in a opportunity zone for at least 10 years to see the real benefit of not paying the capital gains. 

Better to build your own equity through the debt pay down, enjoy the tax benefits of ownership, and garner the equity of an appreciating asset.

However I would pay the difference between the part and the cost of the new range since I will get benefit of having a new range for the life of the appliance.ADDITIONAL DETAIL: I spoke to an appliance repair guy who told me it's possible to repair the cracked glass top, but in actuality the repair requires the glass top to be replaced for it to be "repaired". 

Wingfield I am not too familiar with this concept, however, I know that my area (San Diego) is supposed to benefit from this.

My 2 cents- the benefit is you get a cheap place to live with a very low money down loan and someone is helping pay your debt down.