But with enough work and connecting with the right people you can make it happen.

I would love to assist you with any questions you may have in regards to cashout refinancing . 

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. 

When times get tough, people downsize. 

People will tell you that you can do all sorts of things with a property, but they may or may not be correct.

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!!!!!!

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 would contact them and find out what's going on and see if they can offer any assistance.

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. 

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.