Hey Mohit, When doing research on potential areas to invest in, I would first decide whether you want appreciation, cashflow, or a mix of both.

The 90%/100% programs are out there for new investors, I know of 1 maybe 2 that will provide those terms to a new investor given:Credit is 750+Appraisal numbers came in fantasticThe zip code the house is in is a favorable one for an exitI've closed or oversaw the close of 100s of bridge loans, be happy to answer any questions you may have about it.If your ARV is 550k, that means you want your max project cost to be about 398k (72.5% of ARV), if you buy for 359k that leaves hardly any room at all for rehab costs. 

The ones I have grandfathered in, I can get funded no problem, but a new Foreign Investor is a tough placement right now. 

Cash Flow: In house hacking, any cash coming in is good.2.

The only way a STR is grandfathered in, is if the property was already permitted and set up before the regulations went into effect.

Once I get in I will find a place.

do you have someone managing each home or living in? I

Sure you could sue them for the rest of the lease , if there still is a courthouse to sue in .  ( I

It is called in-vesting for a reason, expecting cash to flow out, if you don't have much to put in is just not going to work.

Renting to a Section 8 tenant can take extra time to fill out the forms, pass inspection, get approval and move the tenant in. I