But if you do have a house that sits in expansive soils and are susceptible to shrinking and expanding they can put pressure on the basement walls (exacerbated by frost/thaw cycles) and cause them to crack horizontally.

House hacking is such a smart way to get started, and your focus on value-add opportunities will set you up for success.

Found an awesome deal on Craigslist and it allowed me to get my foot in the door with an investor (owner of the property I arbitraged.)

Hey Natasha, I am the owner of DealMachine and I have 19 properties in Indy.

Shoot me a DM if you want some help with finding a condo or house with a low rate that's on market.

The second lot had the remnants of a tennis court the original owner had built, but was now in disrepair.  

Business owners won't want to get tied up in litigation and if there is a good chance they will lose, it is easier to simply follow the contract.How would that work with a lower-end tenant? 

I'm curious of the current market demand for student housing and appeal to rental investors.

Suggesting to them buying their house for a wholesale range offer or lower dependent on the extent of the rehab, then having a contract in place that gives them a percentage of the profit to help get them back on their feet, paying off debts etc.

Also, the term "house hacking" is generally used for your owner occupied home (renting out rooms in your primary home) and that income cannot be used to help you qualify (it is considered boarder income).