You need to:  A) Know thyself  B) Develop an understanding of what REIT's are and factors that effect their pricing  C) Develop an understanding of where you're going to invest if you buy physical propertyFor this comment Ill be talking about publicly traded REIT's as they're available to everyone through a brokerage account.

The kitchens all need help as well, the landlord has quite literally done nothing to renovate or remodel the property even with tenant requests as mentioned above -- effectively a slumlord.

IMO the chance 2008 happens again soon is low and even if it does it doesn't effect you unless you have to sell. 

Otherwise, it will indicate an income limit which you cannot exceed in order to qualify. https://sf.freddiemac.com/working-with-us/affordable-lending/home-possible-eligibility-mapdisclaimer - fannie mae has a program very similar, which they are making changes to effective July.

A permanent rent increase of $10/month will be effective June 1 for any tenant that has not updated their information on our website by May 15.

You can find properties by driving for dollars, mailing owners, getting lists of code violation, evictions, property management companies, networking, etc but the most effective method is cold calling the owners directly.

It's an alternative but VERY effective form of house hacking.

A professional letter written on company letterhead is way more effective when dealing with commercial and multifamily owners as they are usually investors themselves.

The criteria selection is extensive however depending on your County I’ve found that some of the criteria isn’t covered in the records so when searching it fails to result any.

That low priced Midwestern property is not low GRM directly because of location & demand, but a secondary effect because of the low prices those cause.