You gave me a different thought process on it. gathering and researching different states, Im utilizing zillow and redfin just loooking.What would be better to start off.

I guess the question is should I sell in a year and take the loss so I can find better investments?

If you have experience structuring creative financing deals, all the better.

Quote from @Clay Watson: I'd suggest checking with a few more lenders to see if they have the same restrictions or if you can find a better deal. 

I think you may have very well narrowed down my strategy choices down to one of three; the BRRRR method (although this might be too much to start with for a newbie), the live-in flip that you mentioned (probably the most practical as I've been part of many different projects in the construction industry), and a combination of house-hacking/live-in flip (probably the most rewarding with a potential to swap between units as I finish one in order to bring better rental income).

You are better off trying to find a long term tenant.

The more deals you analyze the better you will be at it and the more likely you will be able to find a good deal.Most deals don't work, we look at more than 100 deals and reject them for every one we try to do.

Maybe consider holding off until rates drop or finding a property with better numbers.

I decided it was a no and i could better spend my funds elsewhere

I picked one of the $850 ones, naturally.Wow that’s so much better.