Would be a good idea or just a waste of time?

I think the best approach is to not waste people’s time and treat people who do complete work for you well.

I wouldn't waste time waiting for payment from the tenant since bed bugs can spread.

I'm not a grue that charges for my experience but also do not waste my time looking for free advice.

If you can find a property with minimal broker assistance it's to your advantage on small MF.

I feel like in a market of $1800 apartments and $350k 'entry level' houses, there would be a huge demand for $1200-1400 rentals and sub-200k new homes, even if minimal in sqft and design.

In the commercial mortgage space we have found that NPN investments can be divided between(1) purchasing NPNs in which we’ve had no or minimal contact with the borrower, and(2) purchasing NPNs in which we’ve worked out details of a restructuring with the borrower prior to purchasing the noteAlthough the following is in no way a scientific, statistically verifiable conclusion, here is what we’ve concluded through empirical evidence1 - purchase discounts from UPB do not differ either way2 - having borrower agreement before note purchase results in much greater chance of creating a reperforming note3 - having borrower agreement before note purchase results in much less chance of having to foreclose4 - having borrower agreement before note purchase results in borrower seeing us as an ally not as an enemyAside from 1 above, the results are exactly what you’d expect.

Plenty of better deals to waste time on a property that will be a headache.

@Tyler SimmonsDon’t waste your time on mobile homes .

The home is one owner since 1955 with minimal renovations so will make for a drastic change.