Reducing my living expenses through house hacking seems like the best way to save money and slowly build wealth.I have been looking on the MLS through realtors but not having much luck. 

A hard inquiry can reduce your score by by 2 points. 

I am told the pre tax profit for a flip will be taxed at your personal income bracket which could reduce the total profit by another 20-24%.When I run the numbers and try to compare it with a rental calculator to see whether renting and holding for 4-5 years makes more sense I get confused.

ClintonI would hang onto as much of your credit as possibleI see your pointbutbig payouts means big riskyou can reduce the amount of earnest money just askyou can short term bridge loan but remember there is fees to considercrunch the numbers add 20% and do the deal if it makes senseenjoy

Option money of 6%, 3% down, 3% divided by 24-36 months added to regular (not reduced) rent. 

However, I am hesitant to do this flip cross country solo without an amazing foreman or GC.I was thinking of partnering with a GC in Tampa that can handle the construction side and reduce costs on that front while I can find the deal, run numbers, offer 1/2 the deposit for a hard money loan, and list the property to save 3% on closing costs.Ideally this would be 1-2 flips per month after the first successful project.What do you think of this proposal?

Maybe call them (or better yet, go to a board meeting) and ask them if they will consider reducing the fines if you appease their demands.

However, after talking to my GC, who recommended a full ceiling popcorn removal, they got the impression that the apartment will be under construction and they are trying to figure out if I am going to reduce rent.

I'm new on this site and I'm still learning on the sections and whatnot. https://www.trulia.com/property/3241635889-3797-St...There is a MLS listing for a 3BR 2BA home in Williamsburg, VAListed price is $104,000 (which has been reduced on the last couple months ago).

If the tenant completes the purchase within that lease option term then the option fee payment would be applied to reduce their overall purchase price.