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

I have significant anecdotal evidence for this, though I wish I had a crystal ball.With students, "less desirable" usually means kids who can pay a little less than the $1100+/bed being charged in the larger buildings.

This can complicate claims payments for the named insured/tenant. 

The mortgage is $1400 and the house is worth $250k.I did tell him if it is okay for him,I could take up the mortgage and he says he would get back to me as he also as a brother and uncles to talk with.The house is close to my work place as well.Please, does anyone has a thought on this?

There are also removable barrier fences and alarms that people use instead of permanent barrier fences. 

Purchase price: $665,000 Cash invested: $200,000 Remodel of 1948 Cape with Breezeway and Garage ... excellent bones in need of lots of TLC ... new Hardie Board siding, roof, gutters, windows hardwood flooring, electric rewiring, wall modifications, new kitchen cabinets and appliances, new bathroom guts What made you interested in investing in this type of deal?

Shouldn’t the title company have caught this earlier?

don't know if this is still true, but at one time foreigners could not outright purchase property in Mexico within 100 miles of the coast. 

With your focus in using house hacking, Conventional or FHA loans would be your best options.

Let me know this helps....