I don't know anything about that space, but it sounds like a helluva grind and time-intensive venture.

Sales is a time-intensive venture, and it takes years to develop a pipeline of clients.

I assumed some would need replaced, which would be okay, but I would hate to see it all trashed.I guess in that vein though, I hear that a lot about LTRs -- the horror stories -- and we have been blessed with amazing tenants (generally) so I was thinking it would be along the same line where it would be something where you would want to charge high-end and screen intensely to try to get a tenant that just is transitioning and can benefit from the furnishings.I know that could still happen though, even with all the precautions you can take, so it's something good to consider! 

Having developed a majority of my career in CA the regulations and red tape for construction and development are intense. 

If you have the time to devote to it, direct to seller methods can be very effective, but will take ultra-patience and intensive work. 

much of the actual time intensive work can be contracted out.  

Non performing note bizz is intense I know from making performing notes and when they start to wobble one have to jump in. 

there are of course more creative strategies to reduce that up front outlay, or recoup your capital, like, say, the BRRRR method. but they are time and energy intensive and certainly not hands-off. 

This is a very labor intensive process for most big box skip trace companies because it cannot be automated.

This is just one example but without some intense research online you may not learn this, but by speaking with someone very knowledgeable in your chosen areas you not only save time but may find even better opportunities.Best of luck!