Always gonna be a whole bunch of cheap old houses with a whole bunch of people on Section 8 ready to rent them.

I've done this on one house in order to cut costs - since then, I've added a meter with the utility company but it's a good workaround for the short term. 

As others have said, the best thing your son can do is run far from this deal, buckle down, save his pennies (he probably already is doing this), house-hack, and improve a property with sweat, hard work, developing a DIY skillset, and self-managing tenants. 

Also, before you buy another property you'll want to determine your ideal next property - meaning, will it be a "rent ready" house, a major renovation project, or somewhere in between.

The bill for a roof on a $60,000 house is the same as a $500,000 house, however, the % of Revenue on each are vastly different. 

@Paloma Wodehouse I started by going to Housing Court sessions and hearing the Cases and their "Dispensation of Justice".

Start by joining local real estate groups, narrowing your approach to strategies like house hacking or multi-family investing, and building a team of professionals like agents and lenders.

Is it like you sold your house and don’t have to pay for the profit?

It seems to me that they all whether paid of free, will all have the same exact amount of houses because all the transactions are all public and so they seem to compete with each other based on the quality of the data of the houses, how up to date it is, and the user experience in configuring the how the layout is.

House Canary is showing rent at 1100-1150.