They also have a pulse on who in the area has successful property management businesses (maybe themselves)3) Search direct booking sites in your area on google like "Vacation Rentals In Allentown" and see if websites pop up that are not airbnb or Vrbo you could reach out on.

I've enjoyed creating and tweaking our own analysis tool to help us analyze deals.I don't think we are interested in pursuing flips, but I'm curious to better understand the analysis side of this strategy to continue my learning.I've tried to do some research, but I keep coming up with some areas that I'm not following. 

Some U.S. banks may be reluctant to offer mortgages to non-residents, so you might need to look into Canadian banks with U.S. branches or specialized lenders who cater to foreign investors.Legal Structure: Setting up the right legal structure (like an LLC or a corporation) is crucial for liability protection and tax purposes.

Cash out DSCR's usually allow borrowers to go up to 70-80% of an investment property's appraised value (or equivalent debt service ratios) usually to around $1M loan amount.

The owner has been letting an undocumented family live there and try to fix it up at the cost of the family and charging them rent.

I’ll be contacting gnnd folks next week to see if we can tap into the “silent second” mortgage, in which sits the other 50% of the cost of the house, before our 3 years are up.

Possibly looking to partner up.

There's a property tax foreclosure auction coming up in my area soon (Ingham County, MI) and one of the properties being auctioned I found out is a 3 bed, 2 bath modular home.

Even then the rent only goes up a certain percentage of the renovation costs.

I can only speak from my experience in college but landlords in Madison, WI primarily did year long standard leases (not rent by the room) and it was up to the students to find subletters if they wanted.