And while I understand that a home inspector might not be a state or town code inspector they may be able to shed some light on safety concerns.I did run into this a little bit last year when buying my primary residence. 

I’d tread lightly here

I do also have a bit more repairs and is another reason I don't want more properties cause I'm still fixing this one and I'm doing all work myself to keep the expense low

See that low bid got me pumped!!

I'm planning to turn at least one of the 1/1's into a vacation rental which should earn at least 1200/mo (very conservative estimate, probably higher).Purchase price: 295,000Down payment: 25%, $73,750Loan term: 30 yearsInterest rate: 5.375%P&I: $1238.94/moClosing costs: $2800Gross scheduled income: currently $2650/mo, I'm planning on $3000/mo minimum with STR, so $36,000/yearLess Vacancy/Repairs: 10% = $3600*Gross Operating Income: $32,400Less taxes ($4700 (high estimate)), Insurance ($900), and Water/Sewer ($1800):  $7400Net Operating Income: $25,000Less Debt Service: $14,867Before Tax Cash Flow: $10,133CAP rate: 8.47%COC: 13.24%*yes, I know that's low for Vacancy/Repairs/CapEx, thats because we do our own work and management.  

Lili here, I am a first-time investor looking for a couple different things:1)  A house hack in or near the downtown area.2) Connections to real estate agents, contractors, etc. to start building a network and deciding on a strategy for my REI (wholesaling, BRRRR, etc.)I am a recent college grad (June 2018) with no debt, around ~$20k in savings, very low expenses, and I travel a good amount, so Airbnb can be an option as well.Any and all advice and recommendations are more than welcome!

Can anyone shed some light on this?

AirBNB is higher ROI but low in ROT (Return on Time) as you need to spend lot more time than long term investment.Good Luck Buddy...!!

I really just want to see if my numbers for Hard Money look reasonable if I were to try to get funding with as little of my own money on the deal, as well as get a sense of how low I would want to go on price in order for such a deal to be worthwhile.

When I saw a property that looked to have been vacant for some time and needed some work I thought, this could be a good opportunity to have a low monthly payment, a place to live, and a chance to make some money.