I start my pre-licensing course next week to obtain a real estate license.

Getting into the neighborhoods on the outskirts of these areas certainly provides some great opportunities.

I'd also suggest running some for-rent ads, to see what type of response you get.It's notoriously difficult to accurately predict ARV on these types of properties, because they're so niche, and the market for them is usually completely different than the market for more standard properties...For instance, a lot of lenders won't provide a mortgage on a property for less than $100k--and if that's the case in your area, that would mean that the only potential buyers for the property are cash buyers, which makes selling the property more difficult.  

@Michael LeBlanc, it's 100% unnecessary to open an LLC on a house hack.If you want protection, ask your home insurance provider about an umbrella policy.

While I don't know your personal capabilities or background, the objective should not be to merely purchase real estate, it should be to execute on an opportunity where you do right by your capital providers. 

  - I couldn't confirm any of the phone #'s provided. 

It’s a third story addition, which is no petty construction task, so if you are the GC of record, you are gonna have to start making phone calls to insurance providers to see IF they’ll insure you as an unlicensed entity.  

And comparing Worcester to other cities of similar size, (Hartford, Springfield, Providence) and even smaller cities (Lawrence, Fall River, New Bedford, Brockton) you will see that overall crime rates are low. 

You can use one of the many third party payment providers or have your banker at BofA give you access to ACH debit and you can draft their accounts yourself.

Do they provide audit protection?