It allows you, the wholesaler, to transfer your rights to purchase the property to an investor.

Eventually I went to investment property (local purchase) and vacation home (2 out of state purchases).

I am considering purchasing in Lower Dimond and any of the directly adjacent neighborhoods.

They used a HELOC to finance a multi-family purchase, which allowed them to make staggered acquisitions and keep cash on hand for renovations.

I don't try to evict based on neighbor complaints as those aren't super reliable and the people likely won't show up to court. 

Purchased as an asset sale in October 2019 as a buy/hold investment.

Quote from @Jeffrey Bourque: ARV $350,000 - $400,000 3bd 1 bath 800sqft estimate rehab $70,000 purchase price $200,000What are your thoughts and should I do it? 

This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.

This implies that if I had confidence of better than normal appreciation or ways to add value, I would purchase a negative cash flow property.  

Sadly, I might have to wait until early 2025 for #5, as my funds have dwindled from purchasing 1-4.