Which makes me wonder why here in Los Angeles there is an extreme housing shortage, rents are going through the roof, the state recently passed an law making Accessory Dwelling Units easier to build in an effort to mitigate the the housing shortage, property values are at a level at or above the housing bubble peak. 

Home prices are up 11.1% and the number of homes for sale is down 34.5% vs 1 year ago - a radical shortage with steeply rising prices.Assuming that a property is priced correctly, offers at 80% of asking price are just not going to succeed. 

I currently work in commercial construction as a GC and we have large issues with labor shortages. 

I'm pretty active in KC and can say that there is no shortage of buyers. 

It may be ok if it is an area with a shortage of rental housing but I don't know much about that either.  

With the current shortage of rental units available within PS and Coachella Valley area, you could get premium rents without a pool and the additional expenses and liability it carries. 

In states that allow judgments, the bank may set their opening bid lower than the total owed and then file a judgment against the owner for the shortage. 

I am sure you will find no shortages of resources and help here to achieve your goals.I would be happy to connect.

Realtor/property manager says there would be no problem finding quality tenants, as there is now shortage of rental housing (apparent glut of single family homes though).

If you are good at it, you'll have no shortage of business.The real bonus is sales!