I would not touch it and list it on zillow as an income investment or an ideal house hack canidate and the reason why is because i experience an endless stream of folks who pay too much for rehab properties, not knowing the real cost of fixup. 

I'm a deep South gal at heart, specifically HOTLANTA, but circumstances moved me to Central PA and my REI blood, sweat, and tears paid off in a big, personal way.

Gabriel Benavidez when you create passive streams of income and they can pay for the luxuries.

My goal in real estate is to provide a second stream of income from cash flow via a buy and hold strategy with single family and multi-family rental properties.

They could 1031 exchange their properties into a passive income stream such as a DST.

I have been considering HomeVestors as a franchisee, but it looks like an expensive entry point that with a little blood sweat and tears I could figure most of the moving parts out myself. 

They are jobs.If you want to create a low effort income stream (I would not refer to even buy and hold RE as truly passive) then BRRRR is a good approach. 

The length and stability of the property’s income stream is what drives value.

Constant stream of repairs, and not local, so $$$ (and poor) property management.  

My overall goal is to develop a secondary income stream via real estate, not necessarily through residential RE though.