That they wanted "Cheap" buys, not intelligent buy's, not data driven buys, not future casting buys, just "cheap". 

Quote from @Roger Paschal: Quote from @Quentin Hollis: I'm currently working on my first real estate deal and will be buying a property subject to the owners existing mortgage.

I would do everything in my power to buy or rent in a neighborhood with the best school I could afford.

✅ No risk, no cash out of pocket✅ You work with, cooperate with, the homeowner instead of negotiating against them✅ No tenants and toilets✅ No maintenance or repairs✅ Short-term deals with sizeable assignment fees✅ Those fees can fund long-term strategies like buy-and-hold or fix-and-flipIf you’re an aspiring investor looking for a low-cash entry point into real estate, Cooperative Assignments are an effective strategy.  

Investment Info:Townhouse buy & hold investment in Philadelphia.

Investment Info:Single-family residence buy & hold investment in Stigler.

I’m curious: are others who house hack buying homes they can just barely afford, or are you sticking closer to the ~30% housing rule and using house hacking income as an added bonus?

Remove those and the Net S8 Rent will be market rent.Typically, the only way to get more than market rent is by buying in Class D areas and hoping a S8 tenant will live there instead of a Class C area.Keep in Mind: TENANTS QUALIFY FOR SECTION 8 FOR A REASON!

Investment Info:Single-family residence buy & hold investment.

Most of the legit investors I know won't buy those deals out of principle, regardless of terms.