Its an amazing house that I got for a great price and it was in remarkable condition compared to others I saw in my price range.

In order to get power ran back to our house, we had to get a structural report/sign off from an engineer.

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.  

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.

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. 

We want to buy a multi family of 2-3 units and house hack by living in one and renting out the other one or two units.

@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.

Hey BP,I found a FSBO property in my area that has potential to be a solid house hack deal.