From what I can see being new and not having any on paper experience with flipping or brrring decent credit will go a long way.

As some of the others said, there are a decent amount of FB groups to help with that.

The whole cost should be pretty minimal (compare to 300k) and result in a decent stream of income which should offset most of my current mortgage (the whole house hacking kind of deal).

If you’re new to rehabs and it’s a decent amount of work, not sure what’s available in various areas but you may want to look into a project consultant or construction manager to check in on the contractors.

Let's assume your property is rented out for $1500/month and PMC fee is 8% = $120Hiring anyone decent costs at least $20-$25/hour.

It is likely just the market when it comes to having a tough time finding a decent deal.

If not, then you hit them with a termination notice (check state laws).If they are a decent renter and there's just 1-2 small violations, I'll call and give a verbal.

So all in all I think you are off to a decent start.

We were able to get a decent deal in an up and coming neighborhood.

@Bryan Noth if only they had a decent grocery store nearby.