I'd look at land value and land development to capture substantial upside, I'd look at 50+ unit deals for entitlement, I'd self perform land acquisition and land development in a midwest market like columbus that allows for substantial gain and represents a more stable long term growth, but when you break down the industry new construction is very stable you are already doing that by just working in new construction. you'd essentially be the developer on a larger deal you could do that in one deal. lol 

Additionally, thorough due diligence is essential.

The entire house was essentially one big litter box.  

This is an essential tool for anyone buying a tenant-occupied property.

When you fix everything like hvac and other essentials at the beginning of the purchase, you give yourself a few years without significant rehab.

Essentially, you'll use a short term loan for the acquisition and rehab.

It's essential to conduct thorough market research and financial analysis before deciding which strategy aligns best with your investment objectives.

Our approach for implementation is to break all repairs into 4 categories by priority:1) Health & Safety - most important as could result in tenant lawsuit2) Property Preservation & Government Requirements - don't ignore a roof leak that costs hundreds to fix now, but will costs thousands in the future.

Remember that improperly breaking a lease could expose you to legal risks, so professional legal guidance is essential in this situation.

Hi Taylor - As others have mentioned, when buying a property below market value, it’s essential to document its condition and get an independent valuation.