I had plans to do this years ago, and when the lockdown happened, it came to a halt. 

This includes your short term and long term goals.Good luck!

This is my immediate & short term launching point. - Commercial real estate: Long term stability?

Hey Ryan, I know there are some folks that provide this service but I'm not sure exactly how it works and how much trust is involved.If it's any consolation, I wouldn't sweat it too much.

This low inventory will continue to pressure up rents.The sales market remains hot.Sales - Months of SupplyThere are about 1.5 months of supply for our target property profile.

When you do this you end up with two properties leveraged. 

Does anyone know both the pros and cons of this type of investment?

I didn't find any challenge finding quality tenants by posting on FB marketplace, roomster, roomies, basically all of the websites. 

@Samantha Stephens my experience is the property is only available for those will OO to bid on during this period.

I would start with the Fair Market Rents (FMR) in the county where the property is located and use that as a basis to negotiate from there.Thanks Jaycee, are to referring to the HUD website?