I feel like a house hacker has a better chance in this situation.

Is there a chance that the $100 per month could actually be -$100 a month?

Some will want cash, but you have a chance to mortgage.

@Diana T.Hi I really like the advise you have been giving people I am only 15 and I have a few jobs in the summer and I only make around $2500 so I save it up the goal is I want to buy a property eventually recently I put $3000 into Stocks now since I’m stuck In quarantine I started to try to learn more about the real estate world I wanna know what tips you can give me and is it too early in my life to start thinking about this I want to ask you because no one in my family is really into real estate it’s just me and this is the path I want to take so I just wanna know what you can tell me I understand you’re really busy so whenever you have a chance Thank you so much

You've got a chance to sell. 

It's barely science anyway, since it depends almost completely on the whims, actions and reactions of humans, a species that acts quite irrationally most of the time and cannot be trusted to act irrationally in the same fashion most of the time.

If your wife works, that will be your best chance to get the loan.Currently, I am in roughly your same boat.

You turn utilities over to tenant responsibility - it’s worth more.the more you can increase the spread between your income and expenses the more the property is worth and the greater chance for a favorable refi.

I was more leaning toward a credit union to have a better chance at getting the loan. 

If you numbers are accurate. 20k rehab nets you 274k of equity, unlikely.  20k rehab would be a bare bones rehab.