I'm gonna tag @Elise Bickel Tauber in this post as she's definitely the right person for you to get in touch with in terms of investing in the Pittsburgh market - smart move by the way. 

When you invest smart and you are not paying out to everyone, you can grow cash quickly.On the other side of the coin, there is a place for hard money. 

I understand that it might be smart to have a good balance of cash in the SIDRA in preparation of something like this, but that cash sits un invested. 

They will move on and look for the next person who isn't smart enough to figure out what they are up to.It's highly likely that if there was a claim on your own policy it may not be covered if it was being sublet for a separate commercial purpose (AirBnB, etc)... so I would be really careful about making sure you are covered insurance-wise.Proceed at your own risk, and all the best!

Buy low, renovate smart, and sell high!

It's going to be hard to find someone experienced, but finding a hungry/smart person willing to learn and is coachable is not that hard for $6-$8 dollars/hour.

And told tales of people “just like you” who are less educated, have less money, and are less smart that made big bucks.  

My oldest child is going to college next year in a town where I could buy a house for $160k. I've got the cash to buy it outright, then let him live there, rent out the other bedrooms to classmates, etc. And ideally s...

Won't do it just for more moneyGo to the Short-Term Rental forum and read up on rental arbitrage, or use the search feature (magnifying glass).

I’m actually just above the novice I happen to be very smart in terms of being good at everything I do and already answered the question about telling people where I invest that’s just for competition that I don’t necessarily want given the fact that all the auctions are online and I’m already dealing with 1 million more people I used to.