the potential plaintiffs are trying to recruit all investors (probably at the suggestion of the attorney who’d like to of course get as large a settlement as possible) and “projecting” a little as to the state of their lawsuit on social media.  

It's not super amazing returns, but at the same time - it seems like a fairly low risk investment with Ann Arbor's large student body and continued demand for off campus living. 

@Jackson Pudlo I have house hacked both ways, during my 20s and 30s in large SFHs and now as I’m approaching 50 I’m in a duplex where I rent one side and have a tenant in the other.

we have had record year last two years in the following.1. new construction2. flipping in the sub 250k range in secondary cities3. land flipping 4. land development for sfr and flip to national builders.No slowing down in 25.what we dont do or did do was rentals.. everything but. 

Does someone have experience buying a foreclosed property and keeping the existing person/family living there and converting to a tenant? 

I'd love to hear different perspectives and insights on this.On a personal note, I'm a husband and father of two.

Do you have an idea of the type of property you want to buy and a price range?

Obviously every situation is unique it's on you to check with your intermediary and lender to determine what price range would be realistic to start looking for deals in before it closes so you are ready to roll. 

My wife and I own it together, but i may be able to buy her out and keep it as a short-term rental without spending all my personal capital.I’m looking for advice on financing options, buyout strategies, and any creative solutions others have used in similar situations.

You are correct they handle by PM company liability I have prudential personal liability.OK, yeah, and they (Coterie) doesn't offer commercial umbrella insurance (or personal) so I was concerned you might not be covered correctly.You have a personal liability umbrella through Prudential?