I’ve been looking for the last few months for a solid house hack in the Columbus market fitting these stipulations;-rental income covers PITI-neighborhood is safe enough for my girlfriend to walk the dog at night -accepts bank financing (FHA)-cosmetic rehabs at most I’ve been looking at both MLS and off market properties and meeting with several wholesalers and real estate agents in the area, and I just can’t seem to find one anywhere!

@Matthew Brill do you a safe way I could take a loan out on my crypto holdings without cashing out?

Originally posted by @Max Matrin:This type of loan is generally available to individuals who own a property that has been rented out to blue chip companies, multinational companies and public sector companies. it does not matter who the tenant is. what matters is the individual at the bank (generally some sort of VP) who you talk to. it has to be a business person not a pencil pusher locked up in his cozy 9-5 safe corporate box.

 $198k ARV (Always use low ARV to be safe)$136.8k 70% rule (provides starting point to ensure profit, closing costs, etc)$-44k high end of repair cost$94.6k target purchase price for a flip.Some will disagree and be more aggressive but things always go wrong on a flip.  

I would guess many have been on month to month for some time anyway, so you probably would not get an immediate exodus (but you could even approach them about it individually over time to be safe; for example, just talk to one in the triplex, try and sign them up, and if not using your the correct version of your state's notice to end month to month; move on to next person and sign them up for one year or give notice; space it out so you don't have many vacancies.)...

@Alvin Grier Time to re-think your strategy.Essentially, you have depended on a single lead generation device that is illegal in most locales. 

You may be safe though... if they're generally good people who take care of their home like you say, they will not tolerate an animal that will destroy their living space.

Don't know Michigan statutes, however if you're concerned that guy will continue to gripe, the ultra-safe, conservative approach is to hire a 3rd party to photograph and inventory each room's contents and have them remove and store off site.

All such devices now fall under the extensive rules and penalty provisions of Property Code sections 5.061 et seq.

I hope I'm not seeing this as you swapped out each device with an ungrounded outlet with a 3 prong (perceived by tenants or anyone else as grounded) device.