Thought it could be of huge value as I made this purely from needing it myself when I did my first fix and flip project.

Happy to discuss this further if you want to reach out. 

I am aiming to keep this long term.I plan on asking for repairs but I strongly doubt I will even get a discount.  

This is my first time filling up a unit and I'm out of state.

If you're starting out or already have a few deals under your belt, you'll find this community super helpful in refining your strategy.

Hello everyone, I’m new to this site and looking to learn how to buy my first rental. 

(Roth's being an exception.)CPA Tom Wheelwright has a chapter on this in his book Tax Free Wealth and agrees with what I just noted. 

Purchase price: $300,000 Cash invested: $300,000 Sale price: $400,000 This was my first property and decided to sell it get access to its equity.

Quote from @Sean Regan:  I put this as a structural challenge in a scope of work.

ya absolutely. most people just recommend multi family because it allows you to offset your income while living there without having roommates. also they tend to cash flow better so if the plan is to do this year over year making sure the rents cover your DTI when you move out is very important.