While I know I can start a business making around $7k a month, my immediate goal is to house hack, and my concern is about qualifying for an FHA loan.Any insights you have on this would be greatly appreciated!

It is hard to get started and even more complicated if you begin as a passive investor looking for a turnkey opportunity hundreds of miles from where you live.

I recieved written confirmation from the Philadelphia Tax assessment office that the city was behind on issuing the  tax bills for new parcels but confirmed the new assessed values in an email and that the tax bills would be issued retroactive to the start of 2024.

If you subsequently purchased a property for 200k, would you count gains/losses against the 50k you now put in or against the 25k you started with as that’s what you’re actually out of pocket, depending on how you look at it.I hope I worded that clearly 

Quote from @Steven Coyote: Just looking for good information You've come to the right place! 

Along the 75, if most places get out of their own way, they do pretty well.

It's no guarantee but it's a good place to start.

Now it seems to start at $150 and go up from there. 

Situation: Years ago the owner of a property worth $1M and an elderly property owner placed a REVERSE MORTGAGE on their property which when funded allowed her to stay in her home and receive distributions from the lender up to a MAXIMUM sum of $700K. 

The list for senior housing at most places around here is years long.