I know that in single families in Cleveland Heights people have put in basement bedrooms with an egress window and they were on formal plans that were submitted to the city and approved. 

I do appreciate it and look forward to working with great people in this journey! 

It can work, but those deals are best done by people with the money who can leverage that fact against the deal to pay more.

I am very interested in finding partners in my area, specially people who speak Spanish and can offer services in Spanish.Thank you guys for your advices!!!!!!

On the other hand, you can make money in any area, even areas with no growth as there are still people that live there, even if the population is declining. 

Some people even believe that AI will take over the world!

Tenants are people. 

There’s a few people dabbling with STR property management but nothing that would make a difference.

A lot of the popular, no money needed, strategies like being a wholesaler, getting a partner to fund the deal, or STR co-hosting / arbitrage are a bit of a paradox because the people that have the expertise to effectively implement these strategies are typically the experienced folks that don't need no money down strategies to invest.

That is the area most people gravitate towards.