I’m planning on finding a property in my area, living in it for a year while doing some minor improvements, then renting it out and repeating the process 😁.  

Plenty of pro's including easy qualification, low documents required for underwriting/processing, and just overall convenience + turnaround time, among other nuances that make it a great loan product.

If that is the case you need to narrow down your goals such as how much you want/need to cash flow, how much management you want do with tenants, and how involved you want to be in the entire process. 

I have no statistical data for this but I do have real world experience.

Have them take you through the whole financial process to see how they determine the metrics and how they assess projects. 

They set up the process as a preliminary ‘interview’ and then if you get the first screener’s ‘recommendation,’ you move on to a 2+-hour ‘interview’ with the ‘director’ to ‘dive deeper and see if you’re a good fit’ because ‘Phil is very selective’—so selective, in fact, that ‘less than 1% of applicants are accepted to join.’

I was unable to get any deals due to the nature of the divorce process but now that is over and I am ready to invest flip, sell, and also buy and retain for BRRR. 

These state credits can sometimes be used in conjunction with the federal credit, further enhancing the financial benefits of rehabilitating historic properties.Application Process: Applying for historic tax credits can be a complex process, involving approval from both federal and state agencies.

I will still go through the entire eviction process the following week to make sure that it is taken care of, but who will come and get her personal belongings if she is in jail?

A house hack is like that beginner run—you’ll fall down a few times, and learn in the process (but you hopefully won’t get yourself killed!)