If you enter REI as your interest you will get all the local meetings.There are great people at those meeting who can advise you and give you lots of great ideas on how to proceed.Bob

But I still think its a good idea.

Yeah, great ideas keep me posted.

Desmond Alexander I haven't heard of FHA zero down but it sounds like some are advertising similar things in CA. http://www.desertsun.com/story/money/real-estate/2017/09/08/get-house-no-down-payment-one-desert-lender-says-its-possible/594674001/Basically they are combining FHA with those local downpayment assistance grants .I think those grants are usually for first time home buyers.Personally I don't know if people have zero down and no money getting into a house is a good idea .

https://unitdash.comNo idea if it is good or not?

One thing I would recommend is a having a concrete idea of what the scope of work needs to be prior to showing up with your contractor. 

Does anyone have any ideas?

Not always fun, but you learn and get a great idea of everything that's out there.

I have no idea what X is.My only real question I have on this property is this: if/when the lease expires, what is the probability that I either A) couldn't sell the prop(even at a haircut), or B) couldn't re-lease within 12-24 months.

Do you think we should wait to convert Daniel's income into a W2 (which is a possibility for 2018) or do you think investing in a formerly "ghetto" neighborhood a good idea/investment?