Preforeclosure, Pre-Probate, tax liens are  OK -- however most seasoned and newbie investors are calling these leads as well and making offers.   

Held in my property entity that I purposely keep a low balance and doesn’t show a lot of income.

Many of these are low income, government subsidized housing units.

It could cause a low spot where things slow down and then it all compounds until there is a clog.

Both reno loans also allow for a low down payment (3%-5% minimum - AMAZING!).

My father is a contractor so we will be able to complete most of the work ourselves while keeping costs low and add equity.

When revenue is low in the first couple of year, so is the interest payment.  

House hacking a duplex is a solid way to get started in real estate while keeping your living costs low.

. - Once an owner knows what materials are being used, they can then check pricing at Home Depot, Lowe's, etc. - Some materials for bigger jobs, like concrete, are harder to check pricing on.

It's no different than their 2-year, low interest rate teaser houses.