I have a 5 bedroom 2 bathroom house.

Oh, those older houses! 

It's growing rapidly and price of labor/ housing is dirt cheap.

They just came out with a BabyBox, even smaller one that circumvents state housing lows and falls in as an RV.

There are not too many people who can pay 40K cash to buy a house.

Buying a new primary residence has nothing to do with the capital gains exclusion.It is when you go to sell the new house down the line you'll run into a problem.

My plan is to start house hacking.

House needs some Interior Cosmetic Work, Wood Fence Repairs and some Plumbing Work.I want to turn and run, but I recently heard where there is a Problem, there is Opportunity.I thought this might be an interesting Case Study.Thanks for the Ideas.If they owe $180k on a $210k property and its a year+ behind then they probably owe taxes and other bills as well.

Clarify your strategy—whether it's rentals, flips, or house hacking—and build a team of agents, lenders, and contractors.

I’m thinking of suing the utility companies for not notifying me of non-payment creating unsafe/ unsanitary situations that led to house fire, thousands in damage.