I have many clients buying the older homes in North Phoenix near the north 101 as they are 20-30 years old, in need of updates, but also are poised for the long term growth from TSMC and other business/economic activity in the area. 

Clients will tell us they are glad they did take our advice on this.

Hey @Tre DeBragaI have clients curently looking for properties using 203k in the worcester area and have many friends who have used it to house hack.

If I read the story correctly, your client did not report rental income.

What I wrote above does not create an attorney/client relationship between us.

hi. try radiators on the bottom walls in every room except the kitchen. try increasing the rents. try talking to the clients about the heat situation. try removing the heated baseboards. do something before something happens to you!

I personally haven't done this but I have helped clients do it in the past.Hit me up if you're interested!

Those are the cost of doing business.I will use my clients property, purchased last year as an example:(57,000+6228-3500)/$190,000=31% IRRMy client lost money throughout the year(repairs, vacancies, etc) and had an 8.1% interest rate.All this to say if you can stomach a few down or flat year, you will make a killing!

Southbridge and Webster are cheaper as well.There will be obvious trade-offs in terms of location / amenities and price but i have seen good traction in all of the aforementioned locations.I'm looking for househacks for clients around central Mass and while they're not impossible to find by any means units in Worcester are typically trading at $225-250.

Hey @Helena GoyvaertsWe have several foreign investor clients.