I think the individual has to be willing to sit down and really think about their belief, then investigate to determine if it's true.

I'm not saying you need to order a full blown market study, but you really should get a preliminary mini-study to get.

-Too many owners NEVER investigate this upfront and then wonder why they get poorly performing tenants.

This may not be illegal, but there is a police detective involved investigating what she calls "Mortgage Rescue Fraud," along with legislators aimed at shutting down these rescue scams.I am confident nobody here has any intentions of practicing these predatory habits, but we are all exposed to potential claims when dealing with the previous homeowners.

One idea I'd like to investigate further would be funding it from his IRA, but would like to find a local expert to hammer out the details and get a solid breakdown of the pros and cons of this method. 

Of course, it depends on the property condition, market cycle, neighborhood, location etc. but assume there is some conservative guidelines that you may be using for the preliminary go/no-go analysis.

The team investigated tap water quality in a new PEX plumbing system, and examined the odor quality and chemical impacts of six PEX pipe brands (more than 70 have been certified by the IAW NSFI/ANSI Standard 61 as safe for drinking water).

Another important factor which a broker-dealer would examine, and which you would do well to investigate, is how much time is left on the underlying lease.

Hopefully with a house hack, breaking even is possible.I've started some preliminary research, but I'm trying to figure out my next steps.

I believe there is a way to create zones with that type of system but I've never investigated it to see what it would cost.