There is a lot of really poor housing stock out there so you have to keep to your principles and be patient.

If you don't know what a unit will rent for, you have no idea what you can pay for it and cash flow.I'll leave it at that, but stay focused, be willing to spend some time and be patient, and you should be able to have success here. 

After you've acquired 'enough' you can then consider the snowball method if you'd like... or just be patient and let the renters do their job.Option A only becomes relevant when you're no longer in a growth phase or unless it's a personal comfort issue. 

I am being patient and playing the waiting game as I get close to my target capital goal to begin investing.

But I bet you could find the right deal if you’re patient.

We've tried to be patient because the guy we're doing the deal with ran into a bunch of permitting issues.

Be patient. 

Don't resign yourself to lesser returns or get involved with lower class tenants; look harder and get to know the area better and be patient-and don't forget local REI meetings!

If you're patient, the market will soften and you can flex your cash offer against multiple sellers desperate for a contract.

You will have to keep capital deployed for years not months but if you are patient, you can still do it.