My best advice is don't be scared off by the Detroit haters, but be sure to do your due diligence.

Simply an investor doing his due diligence.  

Like on the one I am doing ( 24 lots Charleston) I interviewed 3 Civil's  got proposals for up front due diligence ( all the things they know but I don't know not being local) so that report will cost me about 3k.. plus a mini wet lands report for another 1k..

He stated he already has property rented out under that exact system getting $1,500 per bedroom by HASA where tenants use the bedrooms as private living spaces and share the common living space like kitchen bathroom and living room area.The reason I am looking into because I was going to purchase a property very similar to the one displayed above and rent it through this system, and try to snow ball profits into another one and another one, to generate current cash flow and build long term wealth by having HASA pay off mortgage over long term.Do you have any advice on where I could go to do more research or due diligence to see if there is a system out there like this, or to educate my self on the actual HASA program 

I think whatever I do plan to do, the time and effort will be put in with due diligence.  

If you are doing your due diligence to determine what you can and cannot do re utilities, I strongly recommend that you do not reach out to the local PM (if you go that route) but ask a supervisor in the city you are dealing with that handles utilities.

It is definitely the buyer's job to perform due diligence and calculate their own repair costs before buying.

Because they didn't, I see no reason why you should play nice to try and help them out.The law generally requires you to make a "diligent effort" to find a new tenant.

This is going to take some due diligence.. every place is different... google is going to be your best friend.. and you're going to have to call the register of wills etc.. for your area and get the info you needHAPPY INVESTING! 

If you pay too much, if you get wiped in bankruptcy, if you let tax sales go through, HOAs in some states, incomplete collateral that prevents you from completing the foreclosure..There are multiple ways to lose but most of the above can be detected in the due diligence or fixed after your purchase.