In the years that I've represented primarily BUYERS, I find that there has been challenges navigating transactions where the seller is a For-Sale-By-Owner (FSBO) AND inexperienced in handling a real estate transaction.

That said, if you are OK with little-no profit and are simply looking to gradually build market share by doing high-volume low-quality deals, this approach could gain some traction.All the best!

I am in the Virgin Islands, also challenging to find lenders.  

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This approach saves you time and effort while keeping you in compliance.

I run two big groups on fb and we have been bombarded by big pocket end buyers so closing big commercial deals 10M+ is not the challenge here. 

If you SLOWLY add variables after you have solved the same problem a couple times it gets easier with less risk.I sadly had a very hard time with FOCUS and switched things up on nearly every project, creating new challenges.  

This is because the envelope of the home was not built to modern standards and making functional living area can be challenging unless you have a lot of real estate to work with.

I have approached my neighbors in the past with this same problem.

Challenges?