Do a Google search for "Boommates" and you'll find references to the Golden Girls TV show and discussions about two significant issues older people face: the high cost of housing and loneliness.For younger people, we call this "house hacking," where someone buys a house and takes in roommates to help cover the costs.

Looking at some comps now to get an idea of what a fair market value would be after some of these repairs.

Hey everybody:My RE partner and I are looking at the possibility of teaming up on a house hack.  

But if you can project perceived value, then maybe you attract more wealthy customers looking for things they can afford?

Consider direct mail campaigns targeting homeowners who might be ready to sell and spend time driving around looking for distressed properties.

The property I am looking at has equity and only a purchase money loan (1st mortgage).I understand the basics, Wining the bid, gets me the deed subject to the existing loan. 

You should look in to one of their local meetups. 

If you cannot find what you’re looking for in your market and you don’t want to invest too far, consider pivoting to a single family home.

If you're looking for cash flow markets, there are plenty in the mid west.I would buy a duplex or tri flex, and house hack.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!