Hey Pedro, if you want to build equity quicker, then you'll wanna buy properties well in the market value that likely will need to have some work done to them to get them fixed up.

.✅ Sell to a Broader Market – Properties without violations attract institutional investors and traditional buyerswho were previously hesitant.✅ Increase Rental Income – Now that the property is compliant, it can legally be leased at market rates without risk of DOB enforcement.Is Investing in Properties with Violations Worth It?

Fit my design aesthetic and target market better. 

Bought for $140k in 2013, Market value in 2023 to present around $300k.

:Why aren't there wholesalers out there who are locking up off-market commercial deals?

What markets are you looking into?

I'd say it depends on the local market, but it's very common to have at least a stove and refrigerator in a rental unit.

In this market, with interest rates and prices at where they are, they're usually not viable (i.e. don't cash flow).

A PM company who focuses on S8 definitely knows the ins and outs of the market.

This is going to be very market dependent, and property dependent.