@Amber StoutIsn't this almost impossible in Florida market at this time unless it's one of the following:1. 

I’ve been talking to banks about the refi and it does look challenging, although I’d say not impossible.

A 23 ga pin nailer used to hang stuff, is almost impossible to see.

You gotta be the best builder in N.America, you even got the little aerators on every faucet, who does this, it's impossible, please, give me SOMETHING" so I unscrewed 2 aerators and handed to him, he checked it off and said thank you, lol. 

That sounds like an almost impossible project to be successful on.

It is easier to buy a home in a price range of $100K+ range that either has enough equity after renovations or appreciation to pull out a LOC or cash to use for the down payments or to purchase "All cash" for those deals under $75K.problem with low loan amounts is you will be maxed at 75% LTV and doing a cash out refinance on a $50K home is going impossible due to most lenders having a minimum loan amount. 

Hard task but not impossible in any way.

On the podcast David keeps saying that house hacking is the easiest way to build wealth through real estate, advising to add one property each year paying 5% down.I'm theory it sounds great but in reality assuming you buy a property in the 500k range, there's no way you'll be able to make it cash flow which makes it hard if not impossible to actually scale and do this every year or two.What are your thoughts?

But my main concern is it’s nearly impossible to cash flow with current rates in the Northeast at least for 2-3 years post purchase.

@Eric DeNardo Definitely possible, but the hardest part is the buy part, there are plenty of wholesalers around ton spending tens of thousands of dollars on marketing to get off market deals, and that's the competition to get those deals, not impossible, but definitely tougher for the average investor that doesn't have the time.