My plan is for my fiancé and I to move into this home once it’s renovated and Airbnb the house for game weekends and large events in town (house hack).

@Michael Anderson If current sqft. is $75 and you're getting it for $37 per then you're ahead of the game. 

I know the fix and flip guys are following this model as well, though, it seems only the more experienced flippers are staying in the game here while the rest "wait and see" again.Talking with lenders, almost all the hard money guys cancelled their loans and are no longer offering new lines of credit.

If you are being asked for a POF it can mean a couple things, but most often then not, its because you are new to the game.

       Hey bigger Pockets community, I am a newbie to the real estate game.

We will know soon enough if they will continue to pay rent or play games. 

Let's hear a second opinion though as maybe I'm incorrect since I haven't been in the game too long

For the past couple years I've been in the CNC & conventional Machining trade and I plan to continue to stay in this field as I do like the work and pay..

I’m a little new to the REI game, but have a background that gives me a little leg up.

What is the end game here?