And oftentimes, the projects lack enough margins to afford the "best" contractors.Consider the common claim on BP: you cannot find contractors that are good, affordable, and timely.

Can I afford to wait?"

I see a few abandoned nursing home type places in rural areas, and always think as I drive by, would a good repurpose of them being senior living, or veteran living, or just plain affordable housing living? 

You should talk with lenders to get an idea of what you can actually afford though it doesn't really matter if you talk with an agent first since most agents will have lender recommendations.

And keep in mind private sellers and wholesalers dont help either when they wont entertain offers below ask either.

They’re affordable and a hit with families and groups, especially for evenings or bad weather.

So even though the total housing numbers may go up, they are not meeting demand for the working class renters who need affordable housing.

Also, ask your agent for recommendations—they often have relationships with dependable contractors.Look for areas with a mix of affordability and growth potential.

Not many folks can afford to buy 5 properties with a working business.

MFDUs in high-demand areas like Asheville might be limited, but it’s worth keeping an eye out for smaller duplexes or triplexes that align with your budget.If neither works, continuing to rent while buying a pure investment property in a more affordable nearby market could make sense.