The majority of people who are going to buy seem to just do so right out of the gate since it's so affordable, you can easily purchase a home around $50-60k in a decent area so it makes sense for those who will eventually buy to just buy now.... plus there is a major lack of high quality rentals in most of our market as well which I don't blame the property owners for, in this case the majority of renters will take whatever they can find that the landlord will approve them for. 

Quote from @Heather Gates: Hello Everyone!

I used to think that Bill Gates was too rich.

@Michael Zuber I am 27 with my goal set on my first million by 32 after that the flood gates are open and the race has begun!

However, going big right out of the gate is very tough.

Or are their buildings being unused, re-purposed for storage, do they have padlocked gates or otherwise not being used efficiently.  

I mean you would be bored to death if you did not do something. and there is only so much golf you can play or just sit around .I think staying in some enterprise until you head for the pearly gates keeps you young and engaged..

In my world my investors prefer to ONLY do performing notes.. return is consistent and more conservative and only in a really bad situation will you have a default.. in NPN your already buying something in default and the job is to get it to perform and end up owning the asset.. for bigger funds or bigger investors this is fine because you will no doubt have a bummer somewhere along the line and you can income average so to speak.. but if by chance your first NPN ends up a bummer then you have a bad taste right out of the gate and this does happen to one off investors.  

People love to use examples of successful college dropouts like Bill Gates without considering some of the advantages they had.

The other benefit of buying a package like this is that we can use a lender to purchase these homes right out of the gate.