Keep in mind this is 2018-2019 prices. 

If you have any specific neighborhoods in mind it easier to provide feedback. 

We were able to create a great coworking lounge as well as build out a great entertaining space on the rooftop for stargazing, yoga, movie nights, dancing, great food, drinks and ocean and city views.It was in decent condition, just a lot of deferred maintenance, Has appreciated.

The only issue is with a bit lower rent there's a higher number of applicants that won't qualify but I don't mind the volume to get it filled. 

Keep in mind that legitimate players here will usually finance you out of the deal as soon as they are able unless your terms are better than what they can get from trad financing. 

Quote from @Michael Brzozowski: If you need renovations once you decide on something, im contractor currently looking for investors to work with:) I will keep this in mind.

By getting involved in the community and building relationships with long-term residents, you’ll stay top-of-mind for distressed sellers.I hope this helps!

In my experience, being around growth like minded individuals is what has allowed me to grow the most.

Keep your long-term goals in mind to steadily grow your income and savings through house hacking.Good luck!

I have a broker so looking for unsolicited mentor advice  hopefully there are other like minded folks that like to pay it forward.