Usually, this is a sign of stability and a preview of the types of people who live in the area. 

As others have said, you will get lent more money usually with rehab involved than on a straight acquisition loan.

if your loan is 154k  then this prop probably appraised for loan purposes at 200k or so. and that price point is usually in a decent area or street..

That is usually the last time I work with them. 

If a person wants a different outcome, they usually do something different.

When an investor starts out, they are so focused on that first (couple of) deal(s) and are usually either not seeing (lack of experience) or not wanting to see (emotion) any problems in the deal. 

Usually all you need is a couple really good comps to know how your property would do and that is easier to find with a paid version of Airdna. 

One of my early properties barely broke even, but after a couple of years, rent hikes and expense optimization turned it into a strong performer.For cash flow benchmarks, I usually aim for $200-$300 per unit, but your situation.. house hacking.. offers unique benefits like reduced living expenses and quicker equity buildup.

You can try calling the IRS at the special toll-free number: 1-866-455-7438, however their phone lines are usually busy.

If you generate enough money annually to dismiss a W2, then consider covering the ever increasing costs of retirement & health care and those do not go at inflation metrics but usually way higher.