Intro and a plea for help

[Scott Seydor]

Hello Everyone:

I'm an architect and construction manager and want-to-be investor in the suburbs of Philadelphia, PA... specifically Montgomery County (Lansdale, Souderton, Harleysville, etc.). I'm interested in passive rental income from either BRRRs or move-in-ready properties - both single and small multi-family. In an ideal world, I'd like to retire in ~10 years with a steady stream of income. I'm working with an agent, watching the MLS on a daily basis, and have made offers on a handful of properties with no success (several second-place finishes, though). Like most places, prices seem to be pretty crazy here and finding deals that work are few and far between... or maybe I just don't know how to find them? In the meantime, I've been digesting everything I can (this forum, podcasts, books, youtube) in an effort to educate myself.

What can you tell a guy in my position who:

-  Knows the design and construction world inside and out,

-  Doesn't have funding issues for what he's trying to do,

-  Has the desire and drive to make it happen,

-  Can't find a deal in his market to save his life! 

Thanks in advance,

Scott