Matthew Ray Buying a foreclosed property is no different than any other property.You go see it, put in an offer, hope to get it accepted.Properties with condition issues will not be elegible for traditional mortgage.

I think they have the ability to look very elegant as well when you choose the right product. 

We tend to furnish our properties with functional antiques, log beds, and hickory or other hardwood dining sets.  

Walls were taken down, a new dining and the kitchen redone.

Low vacancy, low maintenance, safety & security, proximity to shopping and dining, first floor, and surrounded by investment.

“Any New Yorker knows that walking down the street, seeing the bustling outdoor dining scene, shops open and active, this is the city that we know and love, in a slightly new incarnation.”

As far as restaurants, dining and other activities.

I'd also like to suggest:  a big enough kitchen & common areas (kitchen, living & dining room) that y'all don't get right under each other's feet too much, decent closet space & storage, an extra bathroom would be great (at least a 1/2 bath - gives you better value already built-in .... bathrooms are an extremely pricey addition), off-street parking (many cities have ordinances against parking on lawns), updated electcicals (incl. plenty power for all the electrical gadgets that students have nowadays and make sure it's on the right side of the tracks (so to speak) = safest area ....  

With house hacking a SFR, you usually have to compromise on things like privacy, especially if you go the rent by room method and share common spaces like living/dining and kitchen areas.

@Amy Beth My injury last year was my big wake up call for a complete makeover for our finances.It has changed our spending habits so much and up to this point even if I'm back to work full time I intentionally decided not to do any overtime yet..I would like to train myself and my family to get used to living within our means.No big trips (we had 2 out of the country holidays last year),no dining out and less online shopping.Everything happened for a reason and I believe that the injury had happened as an eye opener for us.