I like the house hack for your daughter the most because you have a way for her to get going and live with her friends.

They make their living from this work and deal with more hassle than you can imagine, based on what I know from some of my realtor friends.

It doesn't matter if it was by one of them, both of them, the dog, or a friend.

When I bought my first property 30 years ago (aB&B) we had friends over for dinner one night.

You can make great profits flipping houses, but you can also lose a ton if you don't do it right.That said, I encourage you to be in touch with an investor friendly agent in Indy.

That's why my friend—who's a real estate investor—and I decided to develop our own tool.

This ultimately why the $100k midwest single family homes are frequently discussed in these forums.....its what many are able to afford to buy.

Like @Nicholas L. said, maybe look within a reasonable driving distance from where you live, is there any city or state where you have family or friends that live there where you could travel to frequently and they could keep on the property for you or somewhere you visit a lot.  

I would take a couple days and go down there (preferably with a friend...rent a U-Haul truck and go get furniture from thrift stores, antiques stores, and even buy some new stuff.

I just wish I listened to an old friend who used it on the silkroad.