If most interested in house hacking I would learn how to evaluate those deals good and learn basic property management.

It is a good idea to really focus on understanding what comparable rents are like how much things will cost and the basics of figuring out a good deal.

To me, cashflow is basically like having insurance for your investment.

I offer equity opportunities where you inject the equity that triggers a 70% LTV construction loan all the equity is reimbursed and we're basically financed 100%.

Note I've done a bunch of reading I know the basics (have to buy in a certain amount of time, like exchange, etc.).

On a 400k purchase you are basically using the whole line, so run the quick reality check with real assumptions rent minus PITI minus management minus maintenance minus a vacancy hit and make sure the DSCR still clears and you are not negative before repairs or turns.

The issue I'm running into is the NC law that says you basically cant DIY anything that you plan to rent.

I think starting with these basic questions will give them a clear picture of what’s realistic and help them line up the right lender before they find their first deal.1. 

Roughly what price range should I expect for a basic, reliable replacement?

I've hired GCs and gave basic scope and they picked the lights themselves, etc.4.