The city is pretty pro housing especially close to the urban core as this property is.   

I disagree.Let's say you have a house with $300,000 equity.

Zoning is also an important factor to review in Miami as rising prices and limited housing inventory means they are cracking down on illegal STRs.  

However, in the past two years with rates going up and the housing prices climbing in our area, even if we do the same process with buying a home, fixing up the basement, renting, etc we'd be a lot closer to just breaking even come a few years time, if that. 

Most everybody in the house was woken up. 

I also thought about just taking out an FHA loan (since my wife and I both have 750 credit scores) and buying a house and renting out my mobile home to cover the mortgage.

I'm looking to buy a house hack and am currently in the process of running numbers. 

The house is listed for just under $600K, but it has significant damage due to broken pipes.

@Jill Barrett start networking with other investors in the UP here on BP via search feature.Ask/pay an agent to generate a list of all the houses in an area you define have sold for cash in the last 12 months - pretty good sign an investor bought it.

I’d like to connect with investors to show the potential of putting homes on land to flip instead of the traditional house flipping strategy.