having a difficult time using both the brrrr and fix and flip calculator because i intend to live in the property for 1 year so not a rehab. these calculators seem to assume i won't live in the property. based on the factors below, i'm hoping someone can poke holes.arv=270krepair=my father who is a general contractor is overestimating at 35k (it's definitely livable, but there's opportunity to upgrade/update such as the roof, floors, cabinets). i'd live there for a year and plan to either flip or rent after the year.annual expected property tax=$7.5klisted price is around $235k ($/sq ft is below comp average)comps within the past year for similar properties around $260-$280kpreferred profit (not too sure about this) but $20k is a target...i guess.estimated rental based on recent is $1.8-1.85k/monthi was thinking about offering $210k max, but the calculators recommended an estimated purchase offer between $160-$175k, which seems extremely low given the livable condition.what am i calculating wrong here? 

The properties are for long term hold for cash-flow generation. 

If you have more deals than you can possibly buy, or enough to keep you money busy, then it makes sense to take the big profit and roll into the next two deals. 

If it is not generated by the property it is not true cash flow.

But these properties can be profitable and if you keep the properties up you will be able to secure better and better tenants over time.

Would your co-worker be happy with the idea of you (immediately) wholesaling the property for a profit, when he could just have it listed for full market value in the first place?

Will they tell me whatever i can manage to do but profits them the most or are they a reliable source to discuss my money management?  

ALWAYS HAVE ENOUGH PROFIT PRICED IN TO YOUR DEALS SO THAT IF UNEXPECTED EXPENSES ARISE YOU WILL STILL BE ABLE TO MAKE A PROFIT.

Buy a nice property- maybe even pay up a bit for a lower cap rate, and demonstrate to him the steady income you've begun to generate with your capital(and hopefully a lack of problems with tenants as well.)

I just know that while I don't have a lot of money on my hands right now, I do have a lot of grit.Long term, I'd love to be generating passive income though rentals.