I am betting for the appreciation of the house in the next years because I don't think I can cash flow in the first years.  

The labor it takes to renovate 1000 square-foot property is typically the same depending on the finishes whether the house is going to be worth 500 K or 200 K.

Can you house hack one? 

A cabin that in theory would have cash flowed positive almost $1K/month had the kitchen drain go through the crawl space and dump out about 4' away from the house.

Investment Info:

Single-family residence fix & flip investment in Riverwoods.

Purchase price: $365,000

Cash invested: $550,000

Bought to live in, forced some equity and was able to get out almost...

There isn't much to do at the lake house in the winter.

@Cheryl J McGrath  Personally I don't see why any RTO buyer would enter into an agreement  and put down money if you don't own the house yet. 

My wife and I house-hacked our first place in ALX renting out the basement on Airbnb as a monthly rental.We're now on our second property doing the same thing.It's short notice, but if you wanna attend today's NOVA REI meetup, it's the last one of 2024 and we're meeting at Tyson's mall on the 3rd floor.

Charlottesville permitting is usually a nightmare and I can tell you that if you are trying to do something like that fully up to code then the city's standard is going to be more or less the same as a normal house/structure.

Instead of depending on buyer agents to drive prospects from house to house, prospects would tour houses themselves, and unlicensed “door-openers” would admit them.