I agree with Patricia, if you are looking for a great location, don't let the price be the deal breaker. 

It gives you a very quick head start on live deals.

And that takes time.🚫 You can rely on seller financing to get deals done.A good number of the folks who reached out needed 30% or more seller financing to close.

What's left is simply $ to close (HML easily solves that) getting the vendors to do the "simple stuff" (pick your platform; Angie, Neighborly etc etc) and than to sell it (more agents than one can count happy to list). 

Because when a hot deal comes up and you need to close fast, that relationship can be the difference in scoring the deal. 

I am looking to find another deal.

I would say that I had the same thoughts about the industry before I started to look at it a little more closely.

Building a separate one isnt cheap , I have run the numbers , with permits , nd the other county BS its close to $200K for an 800 sq ft building . 

🫣This doesn’t answer your question directly, but the whole concept is very close to the old time “rooming house”.  

.: Quote from @Jay Hinrichs:  Good for you too, Jay, for closing and funding so many transactions.