I don't think this is a large opportunity for REO, unless you are already in the game.  

Most people who househack use that as an opportunity to gain experience into managing a property for themselves.

This might be easier to handle between tenants.Market and Economic ConditionsMarket Fluctuations: Be prepared for potential fluctuations in the real estate market that could affect property values and rental demand.Economic Factors: Consider economic factors such as interest rates, job market conditions, and tourism trends that could impact the Tahoe area.Exit Strategy:Backup Plans: Have a backup plan in case your circumstances change, such as if you decide not to move to Tahoe or if the rental market becomes unfavorable.Sale Considerations: Understand the process and costs involved in selling the property if needed.

Quote from @Renee Jones: I am doing a job in Shaker Heights OH for which I currently have 150% of budget in escrow with the town housing dpt.I can only get the funds released once violations are rectified.

There was a lot of skillset overlap with my W2 job though. 

Yeah, the irony is the locals are the ones that will miss the not on the Detroit opportunity. 

I'm planning to keep my day job and probably look to partner with friends and maybe cabl dabble in some hard money. 

However, there were other jobs ahead of mine and water leaks are a priorty over broken sewer lines. 

I'm in the Reno Tahoe, NV area and there are buy and hold opportunities, some flips, and luxury STRs.  

I am reaching out for some valuable insights and advice regarding an opportunity that has come my way, and your collective wisdom could make a significant impact.I've been in contact with Loan Direct LTD, particularly with James Baldwin, who claims to be a private lender offering various financing options for real estate projects.