Hey @Martina Su, do a search as there are several threads with tons of info.The bottom line is that there are restrictions all over the place so you should get a good realtor locally who knows the areas and market to guide you.

Really important to do the market research, check for liens, and get eyes on it before waving that paddle at an auction. 

I have off market investment property inventory here in Florida.

So then the house is 10% owned by The Person, and 90% owned by The LLC (income and expenses shared accordingly).Now this year say I want to take the same percentage (10%) - and say it's a flat market and the house is still appraised at $500,000.  

The American market isn't strictly RE driven. 

We spent four years in a duplex, maintaining it in our rental portfolio as we transitioned to another house hack residence with an additional accessory dwelling unit-type house next door.Navigating the intricacies of FHA loans in competitive real estate markets can be daunting, given stringent home requirements and more complex processes.

In the Phoenix, AZ market Ceiling Fans are very popular and definitely increase the desirability of a property.

Purchase price: $100,000 Cash invested: $50,000Off-market Fix and Flip in Pocono's, PA.Purchase Price: $100,000Est Reno Costs: $50,000Est ARV: $290,000My partner and I found a beautiful but outdated Chalet with great bones.

I suggest talking with @Connor Gillen who has a strong grasp of the market up there

I also loved how they stripped away the industrial grit of the seacans (Canadian for shipping container) leaving an elegant square of steel, wood and glass that gave off cozy mod vibes barely hinted at its supply chain origins.