If you can get the lot on the cheap and think you can put another cookie cutter house on the lot then go for it.

I met with some of the guys at RS, but their programs don't make as much sense for us since we get cheap hard money relatively easily. 

I purchased a 3rd rental property in Los Angeles last year -- A SFR in a booming area I got off market for really cheap.

Greedy or cheap will get you killed in this business ...

It's so cheap, and can be replaced for a very low cost.

The next year I bought a riding mower and when I was 15 I was able to buy a cheap truck ($1500) and even though I wasn't legally old enough to drive it yet, I got one of my older cousins to work with me and he had a license. 

The strangest is he wont leave and also wants to BUY (at a very cheap amount) - the mold isnt a worry for him there. 

Even now with COVID, some units sell cheap, but not very many. 

You can create "dummy ads" and "dummy signs" on websites and signs that you have a property for sale in _______ area for cheap and when you get calls or emails you tell them that they property already sold but you can let them know when you get another deal and get their information. 

I would double check the zoning to make sure it is a legal four unit building.  55k for a four unit building sounds very cheap.