When even just the potential upside drastically outweighs any downside, make those decisions instantly.

This higher return is created from buying at a discount since the property will have a problem to fix, and then gaining instant equity from the ARV.

@Daniel LehmanYou can potentially buy up to $1,000,000 in real estate if you get 80% loan to value mortgage.I would prolly aim for for a little less in total value so you have some funds as a rainy day fun and to also have a budget for repairs/improvements.I think it is a good idea to diversify your assets at this point in the market.I would like to see if you can get 2 3-4 unit properties in a B / B- / C+ class neighborhood.You instantly reduced some risk by transferring 2 units into 6-8 units.on a side-note, I really like San Diego.

I put one on instant book and one I had to approve within 24 hours or decline. 

@Anthony VargasFor vacant insuranceI currently use Arcana and if you connect with a REIA group that is a part of National REIA they have some of the best prices ever.I have also used APIA and found them to be the easiest to work with, despite arcana being 100 percent auto,ate and instant access once set up.Also in the game is NREIGAll insure nationally.Your local REIA group might have standard national insurance companies that broker a few other products for your vacant houses.

This house was part of the original Balsick Homestead, and the instant equity offered was a no brainer to purchase it.

I have an ownerrez widget setup so that I can accept reservations, real time, and cross link the calendars so it blocks on AirBnB and VRBO nearly instantly. 

My fiancee would buy our next house which I would make sure also has some instant equity.

You can also create extra savings accounts instantly to separate funds.  

You're not looking for a turnkey property with instant equity it seems like you know you're going to need to add equity through sweat and it seems like you have the background to be successful at that.