Lastly, all of the housing maintenance and responsibility for utilities will be the responsibility of the tenant buyer so you will dramatically reduce your expenses. just a thought.

They work well for the houses we work in 100-500k.

In other words, I can afford the house with or without tenants. 

So if you buy a 5 bedroom house and rent the spare 4 bedrooms = you can still sell tax-free under the 121 (you just pay back depreciation) If you buy a duplex and rent 1/2 and live in 1/2.

No loan, I paid cash for the 5 acres and built a pole house myself. 

I am purchasing a house and it is going to be occupied by tenants that do not have a lease and are paying way below market rent.

I don't have the contact info for the tenants from one of the houses because the PM never sent me a copy of the lease despite multiple requests.

When entering the apartment, it just feels like a house full of squatters. 

BRRR/house hack/str/mtr/ltr.... leveraged equity building vs. cash flow).3.

And you are wondering if you should spend lets say $125,000 on a house you have never seen ?