Also, I am a local Realtor, so if you have questions about the different areas of DFW, let me know..

There's nothing that prompts inaction like uncertainty (in fact, hinting at demanding a stable 11 cap, one might argue, is a form of effective inaction, since we know how hard that is to find). - Substitute goods.

Different PM's are pro's at different niches in Mpls, so need to know what this property is to know who is best fit. 

2. how to know where to find a B,C,D areas\neighborhoods in cities\ countries.3. how do I know if a property is worth the checking\ buying?

Right now, I’m focused on finding my first multifamily property to house hack in the New London, CT or Greater Boston area.Goals with BiggerPocketsI joined to connect with experienced investors, learn more about financing and property management, and take action on my first deal this year.

We let prospective renters know what our criteria are prior to them paying $55 to be checked.

It's a very competitive market there.I think your 203k approach will likely be a leg up in deal hunting as you'll be able to take on an investment that needs a bigger scope of work while others might be looking for a more standard value add situation.let's connect. i'd love to help however i can

Maybe someone here knows?

My guess is that it could be structed as one person handles everything locally 'boots-on-the-ground', and the other acts as the investor.Has anyone see or done deals like these?

Many have an unfavorable outlook on the 5+ unit market for the next 2 years or so, while there are a few who are still hungry and actively funding deals in the space.