Better down payment options, you live in the property you rent which makes management 30X easier.

I live downstairs and claim this as my homestead.

You likely have to live there longer and/or plan to use it as a rental property (assuming the revenue is high enough) because you're starting at zero equity.  

I considered Cincinnati but since I know Indy well (used to live there), I decided to focus just on one city in the MidwestI also looked at Bakersfield.

I just don't forecast renting it all. it's personal living space for family & friends. 

I think doing a live in flip will help me get more funds to hopefully house hack in a nicer area than I am now. 

Purchase price: $535,000 This will be a slow live-in BRRRR.

They're targeting credit card companies, banks, hotels, airlines, utility providers, food delivery service, restaurants, auto dealers, event ticketing companies, and last but not least, property management companies.

Yes, that is the original house hacking strategy, but it really only works well if you've built up enough equity over the time you lived in the first one to depart and end up no money in when you refi.

@Karl Dunlaphouse hack, live-in flip, or standard long term rental with minor cosmetics or value add