I don't know what you mean by it's looking pretty bad, but I assume that means long grass, weeds in beds, etc.

I considered SFH where I'd rent out all the rooms and keep one to myself, but this seems risky since I'll realistically be away for months at a time and couldn't manage the unit/other tenants.Then I came across some listings that appear to be hotel rooms for sale, with basically the facilities I need (a bed, toilet, kitchen), a price point I can handle (270-500k$, I'd do 20% down), and fairly high HOAs (~1500$/m?).

Jamaica, Queens Village, Ozone Park, other parts of Southeast Queens, East New York, Canarsie, East Flatbush, Flatbush, other parts of Eastern Brooklyn.The areas that fall somewhere in between are: Ridgewood, Maspeth, Woodhaven, Glendale, Richmond Hill, Bushwick, Bed-Stuy, and a few others.I'd be curious to know where you're searching for properties as most of these areas highlighted above are well over the $600K range.

So far, It's showing a$175,000 3-bed, 1-bath, 1,659 sq ft and 3,920 sq ft (lot) on a street that's only 4 blocks west of my block.

I recently purchased a SFH (4 bed/ 3 bath) in Plano via First Home Buyer/owner occupied conventional loan and am renting by the room.

@Phillip Schaeffer Yes, its a 3 bed 2 bath.

I'm assuming utilities are in your name as well since splitting up that would be strange.4-5 beds are optimal. 

There is a property listed in a great up and coming area for $298,000--3 bed, 1 bath.

Single family 3-4 bed not on septic with an ARV of 400-900k or small multi family in king and northern pierce counties.   

EP #1 doesnt get out of bed unless the deal is $20mil+ and EP#2 is more in the $1-$2mil range and would hope to JV a potential project with others.