So in your example, buying a trackhoe might grow your business or create greater profit by eliminating some outside costs, or letting you take on bigger projects, or speeding up existing projects, etc (just an example).

for example, if you could pay $2000 in rent, or house hack, and after rent still owe $1925 to the mortgage, you should still consider house hacking. 

For example, if you have knob and tub or black fabric wire you'll know you'll likely need a rewire or at least a major overhaul to make things work.

Example mentioned already of shifting the leases to term out in the summer.

For example, the cost of not doing a deal that you missed because you were stuffing envelopes or supervising the stuffer. 

Typically they already have a blueprint that they can readily see from their parents examples, but the motivation and drive is not there.

Sometimes if that is an approval verse a bank account showing $500K for example, the agent on the list side may need a little education on what you are looking to do, I always have the lender call the agent in this situation to get them on board to get the listing agent more on board. 

For example, you could live in Pittsburgh, where houses cost 1/3 of the cost of Boston's.

I would love to see a couple of examples of how you structured some of your seller financed deals if you are open to sharing? 

Costs may disqualify the opportunity even though in theory it can be converted.I believe its important to set expectations and if this is an 8 bedroom RSA5 home just as an example you very well could be looking at a building that's obsolete and again even if it is RM1, depending on the costs of the conversion, still potentially obsolete.