Purchase price: $110,000 Cash invested: $30,000 Hobby Farm On 10 acres2300 sq ft house with 8 out buildings - Large Barn, Animal/hog barn, Mid-size machine shed (2) 25' x 35' / 30' x 50', Large Machine shed 60' x 60', Grainery barn, Entertainment Barn, 3 car garage What made you interested in investing in this type of deal?

It's NOT a house!

Are you looking to do more rehab projects like this (either house hack or not)?

why on gods green earth would you want to buy 10k condemed houses :)  seems like a waste of time and money to me.

Other banks allowed us to do our own in house valuations.

No taxes, she got to keep the house and no stress about income.

You minimize your risk of violating Fair Housing Law or compliance issues using an experienced property manager.3.

I like the strategy of having a job with guaranteed income and taking advantage of owner occupied financing to purchase a house hack, staying connected with the REI community in the area, and scaling up from there.

Id rather see you house hack a property.

The $100-$300/month amount is just a generalization - but the point is, on a monthly basis you don't see a huge income per property - and you also have to absorb repair expenses and such as well.