However, if it's a Mortgage foreclosure/Sheriff auction then the rules as @Andy Mirza mentions above apply.  

Knowing which comps apply in which situation takes experience in and knowledge of your property type and market. 

That wouldn't really be house hacking, since you can only have a family member living in it, not a general renter, and you also can't pass the unit on to a subsequent owner automatically - they have to apply to the town and be granted it for their family member, separately.

Cash in, cash out.Cash in = your monthly bills, including the mortgage paymentCash out = rentThe higher the spread, the better the market.Negative numbers need not apply.

I give a $300/mo rent credit to apply towards the renters future down payment and I was paid “option consideration” funds of $10k that are non refundable if they do not purchase the home within the next two years.

I have known for a while that if I am going to make this work I have to apply all of my tenacity to do it.

I apply for a job in arizona for some guy opening up a BBQ restaurant.

Just go to a networking meeting connect with others , learn, bird dog, save, learn, then apply what you learned .

I'll be sure to apply that to my next post!

  $3500 is pretty decent motivation if it applies.5) The lender is owed about what the houses ARV might be after $75k in renovations and carrying costs.This means that your offer is going to need to be about 85% of that $75k number to be approved.