So, how long do you estimate that you will live there? 

As long as you run your numbers and your estimates are conservative, you'll do okay in the long run.

It was originally listed at $599K, but I was able to negotiate it down to $495K.I connected with my GC, shared the pictures, and he estimates the rehab costs to be around $80-85K.

And if a property is owner occupied, how can you secure a loan with a hard money lender not being able to view the home to estimate repairs?

Hey Ryan I'd check on furnish finder or airdna to get estimates.

How many properties do you own and what's the total estimated value?

They also know about real estate so less likely to charge you extra fees to get an appraisal or BPO because they can estimate the value themselves.

78 Endicott St, Peabody – A 4-unit property with all 2BR/1BA layouts and off-street parking in a prime location near Route 128, the commuter rail, and Salem—just a 30-minute drive to Boston.Investment Breakdown:Purchase Price: $900K20% Down Payment @ 7% Interest: $180K → P&I = $4,790/monthRenovation Estimate: $200K ($50K/unit) → Total investment: $340KOperating Expenses: ~$18K/year (taxes & insurance)Stabilized Rents: $2,300/unit (market comps)Cash-on-Cash Return: 9% when stabilizedThis deal checks a lot of boxes:Max units for residential financing – You could live here & house hackCosmetic rehab potential – Flooring, cabinets, counters, appliances, paint (~$50K/unit)Strong long-term ROI – Factoring in principal paydown + 2% appreciation, a 5-year stabilized ROI of ~75%Pre-pandemic, these deals were more common closer to the city, but now we’re looking slightly further out—yet they still work as wealth-building assets.

In the event that any meaningful percentage of 10-15 million (estimates seem to vary widely depending on which news source you prefer) current illegal immigrants are deported, real estate investors will have a big problem as vacancies soar.

Learn as much as you an about how to scope a property and estimate the investment. $50k sounds like a lot to you but with the price of materials and of qualified labor, it does not go too far.