Hey everyone, for my first flip, is a fire damaged house worth it (purchase price 40k-50k 3br).

For instance, Speedway, Beech Grove and Lawrence have additional rules in place.

Even if you only averaged 2.8% appreciation annually, which if you've had it 20 years I have no clue how that's true given prices have well more than doubled in that time, youre skipping over the fact that you have been benefiting from that appreciation on the ENTIRE house, not just the % you paid for.  

If the other two parties want to flip a house maybe they can do just that as partners and then sell you the house which you can buy with a primary home loan with low down payment.

This approach could keep things straightforward while accommodating their need for housing.

Mexico is already building tent cities to house them.

@Tony SchmuckerFrom my experience of working with over 400 investors, your strategy to relocate, house hack, and transition properties to management is a strong, methodical approach.

I am a complete rookie to the real estate scene, I am looking to house hack for my first residence out of college.

We are looking at a house that is being auctioned next week in Gulf Shores.

(for instance, this property has a backyard that could become parking; however, there is no way to access it unless the neighbors allowed us to use there driveway to get there).* Are there any other downsides I might not have considered with street-only parking?