Luckily I am starting out with almost all of those boxes checked off already, however I am considering possibly making the bathroom a little bigger since the shower is at best 30x25" and the toilet is in this little nook that is raised up on a small platform (i'm sure its because the main line to the sewer is on the other side of the house).

Here's a casein FL - Seller in foreclosure has 120k principal @4%, Shes 10k in arrears, house is worth about 250k, good condition.She wants to stay at the house, but doesn't mind selling it if needed.She will likely n...

@Jonathan Moody Good information but I'd like to add some additional points (note that your mileage will vary due to numerous variables). 

If you want a fixer upper at a price you can BRRRR, you're either getting it from a wholesaler (if you're lucky as these are often as overpriced as the MLS these days) or sourcing it yourself off market.

@Kyryl Sokolov we know the Metro Detroit area VERY well, in business 24 years, manage over 700 doors or which almost 100 are Section 8.1) Yes, you are a bit off on this expectation.

You'll pay off the HELOC or private $$$ when you sell.

It's a basement rip it out, wash it all down, move on.

It's those deals that fly off the shelf in under 24 hours, but you bought it cause you were first. 

Just a heads up that if you do reach out to too many hosts Airbnb will flag it and you run the risk of being kicked off the platform.

A reverse mortgage can be paid off, but the parents may have trouble obtaining financing as typically a reverse mortgage is received when borrowers have trouble making monthly payments and have little income but lots of equity.