Before I move on a purchase I will for sure be visiting the property.  

I really like the idea of house hacking, but my wife is not willing to move out of our single family home to move into a property with other people.

Lots of moving parts, I like the deals but am more leery that my past purchases.. 

There are others in the forums that can comment on the market, I know property got significantly more expensive during covid and not sure if its moved from its peak.

Joe, it looks like you're in Detroit.Lucky for you you're in what I firmly believe is the most unique and interesting market in the country today.Detroit is going through a huge revitalization, most folks don't understand it yet, and properties are still cheap as a result.Start doing your research on the city and making some moves in the city.

Fourth Start Small Select properties that align with your budget and investment goals and also consider Location Matters, Due Diligence, Build a Reliable Team, review Risk and Reward and continuous learning the most important.

I have also explored Puerto Rico as many crypto companies and young millionaires are moving there.

  :)Now, as I move forward, I'm shifting to option 2 for sure, or balancing my portfolio with more of these types of plays. 

On average, 80 people move into Columbus weekly.

In fact many of our properties are done that way - we get a signed contract and then turn the package over to the closing attorney and move on to the next one until closing day.Your local REIG can recommend some good closing attorneys / title companies and they will usually be happy to walk you through the process and even provide you with the forms you need to get the deal locked up and closed.