Start by defining your investment approach—house hacking with a VA loan is a great option for a multifamily property with no down payment.

If they are unwilling to provide basic documents to get the house sold they probably don't want to sell and they will not be keeping everyone's EM.

This kept closing costs low and speeded up the process, which is crucial in an auction scenario.

@Christopher MacDonaldcan you start with a house hack?

I can't say specifically since I only know what you posted, but first you need to make sure your own financial house is in order (savings, etc.) - and then for a property, you need down payment + closing costs + reserves.  

I believe that everything else can be fixed in a house.

Purchase price: $162,500 Cash invested: $30,910 Sale price: $272,500 The house was already partially renovated from the seller.

– Converts proceeds into taxable income, making it less efficient.If the owner lived in the home for 2 of the last 5 years, they may qualify for the $250K capital gains exclusion ($500K if married).

My goal is to buy the house, terminate the section 8 lease as soon as possible (at the lease term, to avoid eviction process), and search myself for other better tenants.

This way they would have more income.