If approved, you’d already be in a position to add units, whereas others might still be navigating the zoning process.That said, rezoning takes time and isn’t guaranteed, so it’s worth weighing the cost, process, and likelihood of approval.

I currently have a house I am renovating that should be worth around 210k-240k and rent for $1,800 - $2,000 in May.

Remember, if a deal is truly off market, you have an owner who knows they are able to sell and is choosing not to take the very simple step of listing it.  

The investor has to be gaining cash flow or equity to make it worth it.

My home is worth around 215k and I owe 127k.  

. - Interest rates are too low and these will end up in bankruptcy and you will be buying a 3-5% loan at very low discount that would yield you returns that are not worth it. 3.

Cash flow of $150-$300 per month is pretty common for many new investors, and whether it's 'worth it' depends on your long-term goals.

Just not worth it plus it's probably going to just get worse.I would not renew and re rent with it not being furnished assuming the furniture is trashed.

What is that pain and suffering worth?  

Quote from @Joseph McElmeel: Any updates on if New Wealth Advisors is legit, worth it, or a scam?