People seeking a sober living home often need quite a bit of support and it's not always easy having a ton of roommates. 

Another avenue that may be enticing would be pursuit of short term rental. short term rental can often be acquired at 5% down. 

In Canada it's often called vendor take back.

There is a lot of condescension in his posts, often degnigrating those who say anything counter to his opinions.

The quick good/bad of Section 8:- S8 tenants tend to be rougher on the property (but not always)- Paperwork/inspections/etc. can be burdensome and tough to navigate (especially initially)- People often think FMR rates are guarantee rental rates but that's not the case- Usually the rent isn't 100% subsidized and a lot of people don't realize this- S8 tenants tend to stay a lot longer than cash tenants- Obviously, the guaranteed rent portionOverall, I'm neutral on the program.

For properties like these, the condition and price often don’t warrant upfront financial vetting, and too many barriers can add friction to the process.When it comes to lead times, I agree they’re essential for occupied homes—if tenants are involved, a 12-24 hour heads-up allows everyone to prepare.

@Jeff Galak no XP with either, but after looking over the sites both appear to be mostly a call line and contractor dispatcher, which many self-managed investors can often handle now via contractor directories like Thumbtack, Angie’s List to start until you find your reliable go-to’s.

@Sean Conroy, this really depends on two things: first, the land zoned in a way that you can subdivide and build more units (question for building/zoning department) and second, financial returns on doing this versus using the capital to buy.New construction certainly has its advantages on the operating side, and can often get a premium to remodeled, older units.  

The reason you’re seeing these terms often comes down to experience.

that was 7 years ago though and inventory is much tighter now.yes on auctions - you often have to buy with incomplete or incorrect information, and so just very tough to do as your first or second deal.it sounds like you're doing some of the right things in terms of starting to build a network, but it's just very tough to act when you need to when you're out of state.