The house is not on a water.

My goal is to gain enough knowledge so that in the future, I can flip a house.

June 2024 Monthly Housing Market Trends ReportDATA, HOUSING DEMAND, HOUSING SUPPLY, MARKET OUTLOOK Jun 04, 2024 The number of homes actively for sale was notably higher compared with last year, growing by 35.2%, a seventh straight month of growth.The total number of unsold homes, including homes that are under contract, increased by 20.9% compared with last year.Home sellers were more active this May, with 6.2% more homes newly listed on the market compared with last year.

Get the contractors to bid the job before closing and also make sure if they are recommended by someone else you go see their job sites and their progress on projects that they are doing!

I would like to retain this house and turn it into a mid-term or long-term furnished rental.I would like to move out of that house and into a bigger primary residence which would likely be a $750-850k purchase price.

Pet Liability InsuranceAlthough you might hate the idea that your dog needs liability insurance just because other people think he or she is potentially dangerous, it’s better to pay for the coverage than to face paying for injuries out-of-pocket or becoming separated from your canine friend due to housing restrictions.If you don’t have pet liability insurance and your dog bites someone in your home, you have a lot more to lose than just your dog.

I am planning on starting my investment journey here as well and beginning with house hacking.

Basically around $500 per house.

Heck I've had 2 houses given to me just for the asking.

Here is the Order of Operations graphic from the BP flipping houses and estimating rehabs books:Check out the book for a lot more detail...