@Justin Chan, You might be eligible for a partial tax free exclusion if you had to move out of the house for medical or job related reasons. 

It's a duplex that I'll be house hacking.Outside of real estate, I enjoy almost ANYTHING outdoors, when indoors I love movies and board games, I'm dedicated to my volunteer ministry, and I've become fluent in Russian (learning Ukrainian).I also run my own SEO, marketing and web design agency, which I am PASSIONATE about! 

The proposal includes plans for for more than 1,000 residential units at the north side of the project consisting of 122 single-family homes of various building types, 786 multifamily units and 153 carriage house apartments.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $32,000

Cash invested: $68,000

Sale price: $96,500

REO purchase, rehab and flip all cash. +$28k ROI

W...

House hacks are always great and especially if you can find something with a walkout basement or ADU already built. 

@Mike MostLook at the rental data and housing supply.

In most common methods of wholesaling you are NOT a principal, you are an intermediary.I like them all, but 7 is one that needs reminding because all of the fakers out there go bursting in with their "I will buy your house for cash" without a cent to their name.

What should I consider when looking at a new single family or other house?

House is currently registered as two but want to turn it into a three.

If you are willing to live in one side of a duplex, you could house hack for very little down.