I drive by the properties and if one of the rip off contractors is doing the rehab.

It will drive you to distraction! 

It might be a decent idea to drive through the area in person.

Great points made all around, but one of the primary factors to house hacking is to get "primary residence" rates on a house that eventually becomes an investment property after you occupy it.In order to make an informed decision for your scenario, ask your lender to run the actual numbers... taking into account your credit, down payment, property type, primary vs. investment property, etc.

If you still are still undecided after considering those factors, I would compare both markets.

When you are finished with him he won't even be able to drive for Uber without that collections attorney taking a piece of it.

I'd imagine multiple smaller units would drive up revenue per sqft.I have always wanted to do rv/boat/car stoarge and toss up some good size solar panels and charge premium for covered parking haha.

I was wondering if anyone was doing driving for dollar deals.

When I'm visiting PEI this summer, I plan on driving for dollars with my brothers, who got into property earlier before the market picked up.

Not that old, but just drives home the point...