@Ade Akingbade so, you jumped in without looking and you're now in over your head.You bought someone else's problem without a clear plan to turn it around.Highly recommend dumping this property and taking whatever loss you have to.Otherwise, you will just lose more money trying to fix this situation when you have no idea what you are doing.Bring your funds to Detroit - which is growing!

total remodel Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

What are some things to keep in mind, how does one do a background check, what are the laws regarding that (I'm in St Louis), any advice, thoughts recommendations etc is greatly appreciated.Thank you@Rania MutumheHi Rania,Usually house hacking is where you have a multi-family property (like a duplex or triplex) and each tenant has their own unit.  

You can ask around to your local agents to see if they have any good people to recommend.

Does anyone have any recommendations for lenders that are friendly to those of us who are self employed? 

I highly recommend doing outside and inside.

And who would you recommend on YouTube to learn

He gets pretty detailed in his underwriting processes so I highly recommend checking it out.

However, as you stated, Memphis can vary significantly by street, so I recommend visiting the area personally and observe the specific streets and surroundings, or doing a zoom call with a trusted realtor who has physically been there. 

If so, is there a best recommendation for the removal/deactivation of the wiring?