Can someone with experience and knowledge regarding this city please comment and give feedback to evaluate this opportunity?

I think a short-term fix-and-flip loan would serve you better because, first, the credit requirements are typically lower than a DSCR loan's credit requirements, and fix-and-flip loans will fund a portion of the purchase price as well as some or all of the rehab costs (usually through the draw process).Right now, saving your cash, rebuilding your credit, and finding both a partner (ideally with a higher credit score AND experience) and lender you're comfortable with should be your priorities.

Little money but he has a great time and makes the most of experiences. 

Students still come despite remote classes because it is an experience.

House hacking will also give you some personal "property management" experience.

TIA, SandyMost of these are a huge disservice to sellers, as the listing agents don't do much if anything, don't market it, have the worst photos, weakest mls marketing verbiage, slowest response time to requests, etc. 

Advise is to get in contact with a lender that has experience in structuring these mortgages where you can move on to the next one and plan ahead.

I've read many discussion on this forum, but nothing really comes close to your own experience. 

.- If we play to hold, I'm not sure if the rental income will make this a worthy enough investment, but I could be wrong.What do you think of this situation here?

@Jeremy Pastor, GIS overlayed onto an aerial photo will NOT give you any kind of exactness with boundary lines.