Lake house, cabin feel, waterfront etc.

House gets foreclosed on when a borrower is not paying its debt obligations - typically its mortgage.buying foreclosures is not for the faint of heart as you have no idea of the interior of these properties lastly while it can be beneficial also realize if there are a lot in an area those homes are the new comps when trying to sell so it lowers home values in an area 

The answer is yes, but it is generally found when the owner is also living in at least one unit (aka "House Hacking").

So I have my house that refinanced in 2020 for a 15yr 2.5% rate and we have about 56k equity.

Purchase price: $302,500 Cash invested: $5,000 Utilized VA Loan for a House Hack for my first Rental Property.

Quote from @Danielle Benzaken: I'm looking to get involved in Section 8 housing out-of-state - in OH.

At 19, house hacking is the best option if you have the downpayment and closing costs set aside.

Can’t house hack, we own a large home with lots of kids.

Ps — I think I prefer SFH value add vs Multifamily house hack.

I need to rent my house out but thinking about going the untraditional route ie Airbnb, Padsplit etc.