This is the ideal situation if your tenant is going to miss the rent due date. 

Check out the Wise Guys In Ties video on Velocity Banking.

This is a great video 👆🏽of estimating numbers for renovation by Luke Weber.

Don’t forget to built rapport, throwing a number is just 20% of the job 😉You should watch a few videos on YouTube on how to run comps, it will give you the confidence you need to walk into a meeting with a seller.

That's a sign of economic and population growth, which as in investor is ideal for cash flow/appreciation.

@Nathan Wierzgac minimum 15 days and ideally 30 days, anything lower than that is unrealistic.

I’ve gotten used to living in my own house, so house hacking sounds more difficult for me, but this sounds like an ideal way for us.

Where you live will always show negative cash flow per month, for you.The trick is to invest so that your costs are less than rent (and, you're building equity).Of course it's ideal if you can invest/house-hack to "live for free" and generate extra income at the same time. 

I actually saw your video on YouTube last night.

I'll definitely have a look at your YouTube videos to see what else I can learn.