This is just the latest in an arduous process, to find the deal under market value on the land, rezone it to multifamily district (long and costly process), permit a six suite rental (difficult with many technical fire code and structural engineering challenges), build the units (using all my experience in home building and every possible favour and technique learned over the years to project manage), get financing to finish construction (from a private lender after the bank lenders totally dried up on this type of financing), and pre lease the units while under construction to quality tenants.  

I found it incredibly helpful and InspIrIng

However, I've found it incredibly simple to do, and profitable.

They started getting popular in the late 70s and early 80s, I believe, and there has been an incredible bull market since that time, so people who entered the workforce at that time and contributed diligently all these years (and just left it alone) are finding they have a nice nest egg, as long as their home is paid off and children are on their own by now. 

The price difference can be an incredible amount.

I am planning to use the BRRRR technique on the property.

Two common techniques I have incorporated with clients is to use a double corporation strategy or the utilization of a discretionary irrevocable trust.

I have GOT to figure out how to make this happen - it looks like an incredible profit machine.

Check out the wholesaling forums for wholesaling tips and techniques https://www.biggerpockets.com/forums/93-wholesaling

And twenty years later, I can tell you definitively that a lot of guys who worked and worked constantly to do well in their careers for their early years routinely end up running for all they're worth on the hamster wheel of debt and credit, saddled with a wife who can barely stand them and couldn't run a family's finances to save her life.The incredibly stupid things I've heard some of some of my old acquaintances (and family members) doing in marriage sicken me.