Markets in the Sunbelt—like Birmingham, AL, or Chattanooga, TN, for instance—offer far more favorable rent-to-price ratios, so you’re more likely to find cash-flowing opportunities there than if you constrained yourself to NJ.You also make a good point about the BRRRR approach.

Does tenant need to handle the small amount of landscaping outside of parking lot, for instance?  

Also having a higher proportion of revenue generated through the residential component of the building does make financing easier. (3) The exception to the 80% rule I abide by is when the commercial space is leased to a credit tenant with a proven & sustainable business  or where the space presents the opportunity to attract a neighborhood amenity F&B operator (this is most beneficial in instances where you have a larger localized portfolio where these commercial tenants can positively impact the value of your overall residential portfolio).

We state that in some instances investors appear to have considered only the high return offered as the sole basis of their investment criteria.  

.: Quote from @Bjorn Ahlblad: Daniel if he offends again you will be sued for a crazy amount and become famous!  

Its infrequent but there are the rare instances that the tenant doesn't move in due to a job change or whatever.

I've been very involved in this forum for a long time, and I can't recall too many instances where this community has been negative towards notes.

not sure what your comparing it to though.but take Tyler for instance.. he plunked down some amount of cash I would suspect and pure guess in the 40k range for this property.. he could alternatively gone to Richmond CA and bought small bungalow or duplex for 200 to 225k and put 40k down and would cash flow neutral.. but his tenant would be paying down his mortgage note... 

A scope is especially important on properties where the sewer line would be particularly expensive to replace (for instance, if the sewer line replacement would require breaking up and re-pouring a driveway, or removing numerous mature trees--these things can cost significantly more money above and beyond the cost of replacing the sewer line). 

For instance, a worksheet calculator that you can depend on for accurate rehab numbers, a coach or mentor that has experience wholesaling whose brain you can pick, a curious, principled solution-based mindset, willingness to find sellers that are NOT on the market, and for good measure -- steal underpants!