You can target low equity homeowners which are in foreclousure and will lose theitr house to the bank because they can't make the payment.

We currently target deals that fall through and then make a no-contingency cash offer to hold their original closing date.

Combining this with tours or small events can add extra income.Lease Mineral or Water Rights: Depending on the area, leasing mineral or water rights can be a potential income stream if there are valuable natural resources under the land.

Foreigners aren't specifically targeted.

My resources may not be the best when it comes to what the market leaders are doing...Cheers!

For appreciation, target areas with strong job and population growth.

@Craig Curelop is a great resource to assist with this as he is in Denver and wrote the book on house hacking for BP.You are a little numbers heavy vs. expectations meaning that it seems like you are really counting on these numbers to work and they could be tight which can be scary for a first property.

Are there specific resources or strategies you recommend for someone in my position?

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Inherited tenants are usually a negative, however in that area leaving the duplex totally vacant makes it a target for thieves to come in and steal your pipes, furnace, and hot water tanks.