If you know of any properties that may fall into this category around you I'd love to peek at their listing / reach out to them. 

Sellers motivation shouldn't factor in what you can afford, thats a bonus if they will negotiate, but your numbers have to make sense to you and work out for multiple exit strategies (str, ltr, sell etc)Running the purchase numbers is pretty straightforward, use almost any online mortgage calculator, make sure you know taxes and insurance (taxes will go up a bit if it is currently owner occupied and you don't plan to live in it) Once you know your mortgage amount then start looking at other STR's in the same area and same size/amenities and see what they are getting per night and how many nights a month they are rented to calculate what you MAY be able to get.

Lets call that the :( side.2) And there is the happy side... passive income (syndications, passive partnerships ie medical/dentist offices) and passive losses (depreciation, bonus depreciation via cost segregations common in syndications).

I'm looking to allocate this specifically to real estate.I gotcha, if you are already "set" in other categories then that changes things.

The notice must be served regardless of the method of payments by the owner, whether proper or improper, and does not give to the lienor serving the notice any priority over other lienors in the same category; and the failure to serve the notice, or to timely serve it, is a complete defense to enforcement of a lien by any person.

Local you can leverage your local knowledge about areas gentrifying, or large zoning changes (midway district, city of San Diego ADU bonus program, etc), or large funded development projects (Chula Vista bat front, etc). 

Our biggest goal is build relationships in the Chicago real estate community, getting referral is just a nice bonus.

It's easy to customize categories.

I’m glad that we haven’t skipped a beat on your other investment.Out of hundreds of transactions we do every year, unfortunately sometimes things get overlooked.As the owner of the company, I take full responsibility for any mistakes made.As soon as the error was noticed, we immediately notified you and have been looking to rectify the issue ever since.I can guarantee you that your investment is on our mind as a priority but unfortunately, it falls under the category of “Problematic Deals” on our whiteboard.Our company isn’t perfect although we always strive to do our best and deliver the best to every investor.Whenever we make a mistake, it’s an honest mistake and in the end we always come good on our word.Although we could salvage the property and renovate it competently, I made the decision that we should look for a replacement deal for you and cover your rent until we find another property that is equivalent to the one you purchased.Just yesterday we discussed a few properties that would not only be comparable but even better then the one we are having issues with now.Stay tuned as we will be emailing you shortly.Also, here are my answer below to some of your comments regarding the “con’s” of working with Ohio CashflowOur property management company is definitely overwhelmed as we have doubled business in 2017 and will probably be tripling in 2018.

I've always found the deals to be in the fixer-upper category.