I have also tried to get in contact with HR department with local businesses and let them know you have available rental so they can offer/mention to new hires/interns.

At $250k your average 3 decker should put around $800-1200 a month in your pocket once everything's paid assuming you fix it up nice after you buy it and put in good tenants(which can be found in any area, it just takes a bit more screening to find them in the areas you described, you could hire a good property manager to handle this part).

He accepted, and he actually ended up hiring me, and we still work together to this day.

Perhaps a nice 1950's built bungalow.Always hire a 3rd party property inspector to give you an unbiased feel for the home.

To help all those in a similar boat, I am kicking off a virtual (online) meet-up for Jacksonville Real Estate investors starting Jan 14th.

You will need to hire a licensed contractor for the work and the contractor will need to put together a detailed scope of work with line items and prices.

Due to regulation changes, banks usually hire asset managers and list REOs on the MLS.

Now, there's definitely room in these numbers to hire a good property manager.

Perhaps he's selling for financial reasons and I could then go back to him explaining that by avoiding some minimal effort such as calling insurance to deal with some issues could cost him big in the long run because when the market is sh*t in the next couple years (if it gets worse) he will have to hire a Realtor and pay 6% to sell it nevermind the fact that his house is at peak value right now (depending on your market but most places hit peak in 2018) and if he decides in a year he wants to sell it will be for less money.There is always an angle with someone you just need to find it, and sometimes yes it is very hard to do so.The worst case scenario is you get your money back and can mark this down as an 'experience' deal

Anyone has done it in DC without hiring an attorney?