Lots of old houses valuing over 500k and up to 1M (local house price in my market is 167k).

I.E. you know the area better than others.Is there a short-term rental market where you vacation at, where you went to college or where you grew up in?

@Marc Anthony MacielIf you're diving into house hacking and multifamily investing in Southern California, you’ll want to focus on markets like Riverside, San Bernardino, Ontario, and Long Beach—areas with strong rental demand and solid appreciation potential.

The equation shouldn't be PP = Market Price - cost to repair foundation, it should be PP = Market Price - cost to repair - discount for taking on the risk.

Tremont is an excellent area with really high market rents and super high demand.  5000+ sq ft. is huge too, congratulations!

- Will they search for off-market properties for you?

Then the turnkey operator sells the property at the market value to the investor who pays market price of around $200,000.

What's your criteria for the market you're interested in? 

Rented at $3,215 to a Section 8 Long-Term Tenant instead of a Long-Term Market Tenants for $2,400.

In Cleveland you can find below market rental ready duplexes that require minor repairs (keep in mind that discounted properties come with their own challenges).