If you literally have NO money, then you need to drive for dollars.

You could even mount it on the back of a 4x4 and do driving/shooting tours.

Ingress and Egress and drive thru capability are a must have. 

I’ve found a distressed property while driving & I want to contact the owner but they are not living in the property.

To afford pay-by-the-night rooms (room rates are up 37% since 2021), some evicted renters scrape together extra money, sometimes for only $2 an order, driving for apps like Grubhub or DoorDash—essential jobs in the eviction economy.

Dear BiggerPockets community,I have a PhD in Theoretical Chemistry/Quantum Dynamics... https://pubs.aip.org/aip/jcp/article/142/24/244112/74387 ... and I literally designed and built my own house off of 30A in Florida ... https://www.scenicsir.com/homes/242-Blue-Gulf-Drive/Santa-Ro... ....

You should have someone local who can drive by to check on the property, respond to emergencies, conduct regular inspections, etc.

But the way I see it is that, in general, someone who is new to the business and is looking to break in and grow will have barriers that can likely drive them out of REI.If it were up to me, I would just let the market dictate the rents and it will find equilibrium on its own.

You can still find properties that are well below what you’d see in New York, and with the right approach, the BRRRR model can work really well here.I get that being close enough to drive by is a big plus, but if you're open to a market a little further out, Detroit is worth a look.

🏘️💥 Experts say the lack of new housing, high rent-to-income ratios, and post-pandemic demand are driving this fierce competition.