No, that way leads to a failed investment. 

Their job is to keep investor capital allocated and returning, so there's only a deal if they can actually redeploy the capital into something better.As a buyer, you need to establish a lot of credibility for a deal this size.

If all else fails and we still end up with vacancy during the winter, start to market the unit earlier prior to turnover.

With the current mortgage rate constraints affecting how many buyers are willing to enter the market we are seeing a lot of borrowers have success with the BRRRR strategy with plans to sell in the next 3-5 years when interest rates go down.Researching potential LTR and STR rental amounts and seeing if holding for a few years is a viable option is a good analysis to do well. 

PS before the hedge funds jumped in about 2011 to 2012 I was an activce courthouse buyer in Henry county and a few of the counties on the north side of Atl metro so been to many of the  auctions having them all on one day is a cluster .. you have multiple criers crying sales simultainously it can be hard to follow but you can also squeeze out one that folks missed.. we did quite well until the hedge funds knocked us little guys out of the area..

Apple has been quoted a ton in papers and every realtors says it to buyers etc.

It is slowly rotting and needs significant repairs to get it prepared to sell to a typical home buyer for a primary residence.

@Khyree RandallMost buyers are not flippers or investors.

Getting a base 8-15% return instead of 2-3% before actual “profit” puts you way ahead of the cash buyer. 

Sellers are offering incentives like paid closing costs, and with homes sitting longer on the market, buyers have more room to negotiate!