Basically they advertise a hearing and if anyone has an interest in the property they can come forward, otherwise the judge settles everything once and for all. 5.

Are people basically getting paid to "recommend" it to other people is it actually good?

While I think your question is a good one...and interesting...the person/lender that decides to back a deal like that is basically going to be making up the rules for themselves.

The gap between the city-level story and the neighborhood-level reality is where I think most OOS investors get hurt.Your point about lifestyle arbitrage is interesting - I've been thinking about a similar concept but from the risk side.

I think open concept is the way to go.First you can't hardly find a house that isn't fairly old that doesn't have open concept.Open concept being where the living room or great room is open to the kitchen.You need room for your group to be able to hang out together.You can have open concept and still have private areas like movie rooms and game rooms.We have a cabin in PF that is open concept and we have the movie room, game room, huge outside deck with hot tub and a custom outdoor firepit.

Meaning you have a property claim (say roof damage) that is covered and as part of that claim mold or fungi developed.Go back to the concept of "sudden" - mold does not happen quickly.

TLDR: $500k to invest in multi (3-12 units), based in Boston, trying to decide between Sunbelt or within a 2hr drive (likely Hartford, CT or Worcester, MA), basic renovation skills, currently operating MTR duplex house hack, on break from career in tech that may return to, investing goal 70% cash flow, 30% appreciation.Full context:I’m based in the Boston area where the entry price point is high.

Learn just enough to understand the basics of deals, financing, and operations without getting stuck in analysis mode.

This concept is why they don't pay claims between a husband and wife on the same auto or homeowners policy.

Still, I would love to make sure I do not miss critical pieces..I put up a landing page at maintly.co if you want to see the concept.