Sub 60 sf bathrooms, unlicensed contractor, sub-rental grade finish...doable. don't expect your grout to have a straight line or tiles levelled though.

Is the loan straight forward such that if the amount is $100,000 then it's 100,000 X .12 / 12 so payments are $1000 per month, paid on the balloon or starting after six month, plus $2,000?

Just to set the record straight here on BP the term House-hacker refers to a multi-family residence where you live in 1 unit for low or no rent because your tenants rent is coving expenses.

Thanks in advance for the advice--if this is as simple as MLS+Loopnet, shoot me straight. 

In terms of "best" measure of return my favorite is equity multiple as its very simple and straight forward. 

How can I help out folks in dire straights?

All good things to know.Wholesaling is a great way to be involved in the real estate market without having the cash it takes to jump straight in to long term rentals.

We are currently paying off the last bit of debt (not including a auto loan, which if that will hurt us please let me know) we have which should be done by November and then we want to go straight into our first investment.

@Josh MurrHere are twoA free one that is basic and straight forward.I have heard good things about Michael Blanks deal analyzer. 

Money is straight.