Start by checking into regulations.

My curiosity got the best of me, so I started to look into it.

My starting criteria are below.

This is where you need to really start working the numbers, but hopefully, you can craft a deal around what they want.

I would start the process now on seeing if you can assume the loan, it should be similar to getting approved for a loan and take 30-60 days.

It can be daunting, but that first step/purchase is usually the toughest and the best way to learn in something like this is to just go in and do it.Building a team is going to be really important as you start your journey.

You could start with targeting travel nurses and other traveling professionals while you try to work your way into the film crowd. 

Depending on the situation that can start at $10K but likely $40K and up.

I would be very hesitant to invest in someone who started in the last ten years when markets were favorable and success was easy.

Once we start treating them like trespassers with immediate evictions, they'll stop taking advantage of the situation.