House gets foreclosed on when a borrower is not paying its debt obligations - typically its mortgage.buying foreclosures is not for the faint of heart as you have no idea of the interior of these properties lastly while it can be beneficial also realize if there are a lot in an area those homes are the new comps when trying to sell so it lowers home values in an area 

So about 8 houses per year will do ya....but don't forget your costs of doing business AKA overhead....Very good point!

A light bulb replacement, for instance, might be the responsibility of the tenant.

House hacking is an incredible way to live affordably while building wealth through real estate.

Best practice is to keep one or two payments in reserve from the buyers down payment for such instances.

Every circuit in a house is now afci/gfci.

The interest rate is 7%, so we suggest this property is for someone who wants to get into Lease Options and meets the other requirements such as adequate reserves and credit.That means, they buy the property, they wind up with $50,000 in equity and they do a Lease Option to a buyer who doesn't currently own a house, but wants to.

For instance, many tribal lands are exempt from state and local property taxes, which can obviously lead to significant savings.

Not only does it have excellent potential as a house hack, but it also offers significant upside for a live-in flip.

It's going to be pretty dependent on the house to think about what you can expect.