I do a mix of these along with cosmetic flips and flips that basically just need to be cleaned where we bought low with a ton of built in equity. 

@Lenita Higgs,Most of us try to pay in full at first, so when we do the BRRRR we can get all the equity out that we put in and then some if the numbers work out.  

I have lretty good equity thats available.

Plus, there's still so many positive cash flowing and 1% deals here in Columbus Ohio.

@Pedro Magallanes You're in a great position.

My primary goal is to net zero with house hacking, renovate to appreciate, and refinance after a year, pulling built renovation/sweat equity.

SFR with positive cashflow would work too.

The fix and flip strategy sounds great since you can refinance into a conventional mortgage with some equity, and not worry about making it your primary residence, or staying in it a year. 

Wait until some future event unlocks these losses, most commonly when one of your passive investments is sold or when your passive investments produce positive income even after all the deductions.B.

Not really the position you want to be in.