He breaks down what the fear of tariffs has currently done to interest rates and what future tariffs could mean for our economy and the housing market as a whole. 

Does he want to use the house?

There are risks too, when buying condemned and burned-out houses because you may not be able to control the environment where these properties exist.

House hack is the only option but even that might not be feasible.

In addition to STR'ing the main house, he is building 2 more units (ADUs) on the back side of the property.

That journey started in 2016 when I bought a duplex to house hack.

I saw that the population grew by 5% from 2020 and I haven't seen much development as far as new housing goes so what could be causing this uptick in time on market? 

@Angelica Byrnecan you just save up enough until you are able to house hack? 

Which is why I think house hacking is best for 90% plus of new buy and hold investors.I wrote an article on this a while back that goes into more depth and you might find that helpful: https://www.biggerpockets.com/blog/get-a-loan

No taxes, she got to keep the house and no stress about income.