So I'm on Schedule C .... and my very expensive home ultimately generates a large loss.

Ultimately, the decision is entirely up to you.4.

Start with BiggerPockets Ultimate Beginners Guide (free).

I say this for a couple of reasons. 1) You will be living in the property, so ultimately you want a property that is somewhere you would like to live 2) Better location will be far easier to rent & likely demand higher rents.Lastly, I am unsure if you have an Instagram, but I have a house-hacking physician assistant friend who posts a lot of great content about her experience in Pittsburgh @theinvestorpaGood luck Ashley!

Now personally I would never have taken a client there without a written agreement between you and me, If you are not paying a buyers agents commission that's fine and your choice.

Ultimately I'm looking for a cohort of people with a wide range of experience in real estate. 

My ultimate question is does anyone know if there is a property criteria for these products?

While cash flow is important, it should NOT be the ultimate financial goal.

But, my ultimate goal is to have a decent portfolio with a steady income/cashflow. 

Or,  it also works out well to give them money to move on if you want them to exit.As far as the basic question goes though, I just went to them and said,  “Hi, we bought your property in the foreclosure auction and you have a few choices….