pick one you like. drive to it. explore, talk to PMs, GCs, other investors, realtors. go to coffee shops. walk at night. look at 100 properties. go to REIA meetings.a lot of people want to sit on their computer and Zillow their way to success. 

House hacking can be an excellent way to start your real estate investment journey, but it's crucial to be aware of the various startup costs and ongoing expenses.

It's like any other service.. are you looking to get coffee with a friend at the best local coffee shop (still expensive) or do you need to place an order with starbucks for a corporate event you are hosting.

I reached out to a realtor I know in Prescott (not where I'm investing though) and they said doing this without permits wouldn't be an issue for resale or appraisal purposes based on prior experiences.

If it is priced right, then moving it off market should not be an issue.Reach out to your network of industry contacts is huge as well. 

But, if I want to continue living where I've been for almost 40 years I'm gonna have to adapt and be an ADU landlord.

You can sell part of the term of the note (say you're retiring in 5 years, sell the first 5 years of a 30 year note and get the back 25 years - this one can be an amazing wealth builder). 

The other thing that could be an issue is if the claim is still open.  

@Marcos Cardenas I think a few other people nailed it already and as mentioned it depends on if you want to work in real estate or be an investor.

Hey Tom, Foreclosure will not be an issue if it is 4 years from discharge date on a conventional loan.