If cash has a opportunity investment value of 10% and you have a fully paid for 200K property the first $1666 of your rental income goes directly toward a return on your equity.

If your "friend" is willing to buy the note at par, then why don't you give him a note and mortgage in return for paying off your existing mortgage... 

It took a ton of extra work to return the property to it's original color.

We are utilizing a number of different mediums in our business currently, I was just curious to see what others are doing at the moment and what the returns are. 

The guy who now can't find anyone to drive around with Uber or the girl not able to AirBnB her place will probably cut virtually all expenses, such that soon you have everyone without a nickel, asking everyone for a nickel. 

You'll get many returns on that investment...the people here are great!

That's why I work with investor friendly lenders that fund privately and don't require W2s or tax returns (lending based on property not borrower). 

Re: redemption of property, returning deed to ownersbought this property at tax auction...The constable sent the deed to me and it states " I hereby convey to the grantee (me)all of the rights, title, and interest owed by the defendants in the property described above"So I guess what im asking in your experience ...is there anything I have to do before mailing this deed to the former property owners?

To your question, I'm of the mindset you should analyze house hacking investments as though it was a straight rental investment to determine if it's a good deal or not, main criteria being return on investment and whether it cashflows.

  $1200 for a 2bd/1bth each duplex seems like still a decent Cash on Cash Return each month.Thanks for sharing!