That doesn't make sense unless you're desperate for income. 

Because the house was in desperate need of repairs I was able to get 100% financing for the house and all closing fees which was $32,000 by handing over my $13,500 as a draw on repairs that would need to be made.

I had a nationwide money lender charge me an extra $18k the day before we were supposed to close because they knew how desperately I needed to close on the deal.

I guess I just have to get out there and test the waters, maybe the truly desperate sellers wouldn't care if presented right initially...but with larger profits  a double closing isn't bad if the process goes smoother and it closes more deals.

hey jon i sent you an email with an excel file i wanted to see if you can help with. i just dont understand these investors around there then. they are getting deals at 65k then rehabbing them completley and selling fo 125k-135k. that would be the same numbers even after holding costs. some of these people must be getting desperate because they are buyin homes that need ATLEAST 20k in work for like 80-100k and they are only worth 130k!!

I can try this out on the days that I am not renting the houses, but I doubt anyone would want to park at a residential home and charge their car unless they were near 0% and desperate for a charger 😂

We have since learned that the building needed some desperate repairs before we could, with a good conscience, rent it out again. 

People desperately want to live in central Austin and may be willing to sacrifice space...but not space AND walkability. 

You will need to wait until it is desperation time for the seller and just build a rapport with some cold calling until its time for them to sell!

That probably doesn't make your project very profitable.Deals like this require cash or they require a really desperate seller.