House hacking in a 4-bedroom here could absolutely work if you run your numbers carefully and stick to those “higher-end lower-end” neighborhoods.

He wanted me to paypal him 750 so that he would send the 20k needed to bridge the gap in the loan.The easiest way to spot a red flag is to start with going through a title company. hopefully you did nto give this person your social security number or other private information.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

I have a rental in Ft Lauderdale Wilton Manors neighborhood that is being managed by Icon Realty.  

What are the comps selling for (last 3-6 months)in the neighborhood?

It doesn't take long to learn how to spot a good deal.6.

Hey Everyone,As many of you know, Pittsburgh is a unique market with a lot of opportunities in neighborhoods where properties can still be purchased for less than $100K.

Am I correct that a condo, depending on area and neighborhood, could be a lower risk/maintenance investment for an absentee landlord as opposed to other properties?

Links are kind of not allowed even though there is a spot for them in the post so some get removed.

Your post is spot on.