The low vacancy rate coupled with the lack of available laborers has created a shortage of rentals and single family homes.

Make the lender would accept a promissory note for that shortage.

@Audrey - I borrowed $200k from a PI and a second loan of $25k from another PI for a total of $225k which is $41k short of my acquisition price and another $40k short for the rehab, so that shortage was made up with my own cash.As such, this and all of my deals are not no money down deals.

If there is a notice of escrow shortage that occurs during the time the seller owned the property, the seller agrees to pay the escrow shortage.If the Seller does not pay the escrow shortage within 30 days of notice, Buyer has the right to deed the property back to Seller.Seller understands that although our payments will be made on this loan on a timely basis, the lender above mentioned, or its assigns, may demand payment in full of the outstanding balance of the loan.We understand and accept the risks involved and agree to proceed with this transaction in light of these risks.We further understand that Buyer will make the payments of the loan in a timely manner.However, Buyer cannot make a commitment as to when the above mentioned loan will be paid off completely.Seller understands and agrees that Buyer may rent or owner finance the property until the retail buyer can obtain new financing.We agree and understand that the property mentioned above will no longer be legally ours, and we agree and understand that we may not legally depreciate said property on our federal or state tax returns, nor may we claim any income tax deduction for the interest payments, taxes or other expenses thereon.

If they can get that, in or near the same building, you'd have NO shortage of interested buyers.Fremont is doing this, with its new BART station and mixed-use development around it. 

There is never a shortage of great articles on BP!

There are no shortage of fix and flips here but my issue is other investors seem to obtain the properties before I even get a chance to do a walk around with my agent.

I never have a shortage of leads.

I am in Baltimore and I can tell you there is no shortage of landlords willing to work in the city.

I can't even imagine an agent doing that and I work one market with no shortage of smokers.