I am agnostic on geography other than looking to stay East of the Mississippi and out high tax/high regulation states. 

In general you should start looking for a single family house that has zoning regulations that allows to ADU (Accessory Dwelling Unit) or can be setup to house hack. 

Hi All,Pennsylvania has new legislation going into effect in January 2025 that requires wholesalers to have a real estate license in order to wholesale. Curious what current wholesalers in the state plan to do when th...

@Joey SabatiniThe Bay Area offers various financial options, including purchasing an Attached Dwelling Unit (ADU) for rental income and long-term appreciation, investing in rental properties elsewhere for flexibility and stronger returns, and investing in short-term rentals for higher returns but more management and regulation risk.

@Tomoko HaleCheck with your city/county regarding STR regulations first. 

The only real con is the fact that section 8 has very strict rules and regulations when it comes to inspections for renting to a section 8 tenant.

Wholesaling also has it own regulations coming down the pipeline... 

Are there any local policies or regulations that could affect real estate investments in these neighborhoods?

The only reason you should not enforce action is if its contrary to an applicable law or regulation...Here is another section from Seller Covenants:Seller agrees to honor requests for execution of endorsements of Mortgage Note from Seller to Buyer if made within thirty (30) days following the Transfer Date, after which Seller shall not be obligated to honor such requests.So if there was an issue with a prior document, after 30 days they can tell you to go pound sand - and based on court documents, this has happened. 

Cosmetic flips and short-term rentals can be profitable, but regulations and online marketing are essential.