Yeah, I do lean towards you being right, since the deed representing a parcel without regard to its use is really the financial instrument transferred, and whatever happens on the land arguably falls under that umbrella and can't really be separated out.

It might be helpful to get connected with a buyer's agent who can set up an automated search directly from the MLS (multiple listing service), then you will be notified in real time as soon as a new property that matches your search criteria hits the market. 

Use automation and pricing tools like Your Porter, Wheelhouse, Pricelabs, and Beyond Pricing4.

Right now even junk bonds are only paying 4% on average, so where is the seller going to get better yield elsewhere on a fixed income instrument that is collateralized by an asset they know and understand with an operator (you) that they know, like and trust?

Most of that you can automate too. 

Due to timeline we won't be able to use an SBA loan, and it's a turnaround (40% occupied with no marketing, no online presence, no automation). 

@Gaetano Ciambriello it's important to note that this only applies to Fannie's likelihood of issuing an approval on the automated underwriting system.

Get a great housekeeping team, a trusted handyman, and automate the process and you can do it. 

And it takes hours…  This process could probably be automated a bit using some visualization tools in Python (software scripting language).  

My wife and I recently purchase 2 rental properties in Florida and have been managing them ourselves, however, as we are thinking of moving to NYC we are looking to see how to either automate the process via property management platforms or getting an actual Property Manager.