The only avenue I can think of as of now is wholesaling, however, I want to know if it’s practical in todays climate.

In this current climate I’m looking at a process of brrrr-ing into bridge not permanent finance, to get my HML lender off the books and available for more deals, and allow myself to pivot quickly into lower rate loans that I believe to be coming back sometime 2023.  

In the case of San Diego RE, we have historically outstanding market and rent appreciation, basically fixed property tax, great climate, limited land, very low vacancy rates all to be factored into the cost. 

They can put a man on the moon, and make tiny bonsai trees, but they cannot make a grass variety that only grows to 2 or 3 inches maximum for every climate in the USA.This is a huge money making opportunity for some green thumb to "invent".They have dogs that will fit in a teacup, whey not grass--everyone hates cutting it.Just my 2 cents.

@Steve Chan Very unlikely an STR arbitrage type is going to go for your property, given the current COVID climate.

This appreciation track record is taken into account on the RE price along with many other aspects (great climate, culturally diverse, limited land, high cost of building, expect population growth, expected income growth, vacancy rate, etc.) 

What is the political climate?

I personally would avoid the mini splits in our climate (unless a forced air furnace is just way to difficult).

Raleigh has a humid subtropical climate, with hot summers and mild winters.

I would buy a property with squatters in it IF I was getting such a good deal that I would be willing to wait out the current Political climate - where I could not lose, OR I could structure the purchase so that the seller got a balloon payment after the squatters were out, OR I worked up seller terms where I started making payments to them after the squatters were out - with no money out of my pocket until then.The bigger the problem you can solve, the more profit you can earn.