Main takeaways are: 1) it is not that simple as moving back into the property.

Meaning, the competition is fierce and unless you are proven with cash ready.....get in line.  4) Renting $500 to $800 units in MF apartments attracts the highest quality tenants out there who will take care of your unit without fail. 

Those rentals are very attractive on paper but are also difficult to manage and I feel they are a recipe for failure for a new landlord.4.

There is a big shortage of affordable single houses in this current market and more and more millennials are turning renting (due to low wages and mainly because they saw their parents suffer the 2007 crash which hit FL specially hard)If you have a rental property you'll always have occupied, plus, using the FHA loan bears less risk and maybe no work assessment.

I am currently using Redfin and realtor.com as my main resource but am struggling, mainly because I don’t see any comps on those sites.

The main reason why I’m asking is to determine the best method to value the deal.

The main benefit of short sale houses is they are in a good condition due to the homeowner still lives there.

Also, there seem to be a lot of UK people buying in the US (mainly Florida).

@Cory J AndersonI should have mentioned that I was mainly referring to the hard money side (since I have more experience with that). 

Hi @Tyler CrawfodLet's make some things clear.The main strategy behind "house hacking" is to be able to get into a unit and rent out another.