I would probably put a cap on the size of the tank. 

That's 3x the size of most Philly zip codes where real estate investors customarily buy investment properties.

@Marc Shin we use both granite/quartz and laminate in rentals depending on the size and rental quality.

Spend LOTS of MONEY on mass marketingThe "rate locked affect" is limiting a large portion of the market and stopping transactions from happening.

The housing explosion of the late 90s/early 2000s saw expansion to the outer portions of the city and 4-plexes were not a part of that expansion.

But even if buying it cash and then financing it, lenders won't finance the dwelling portion... which means more money.Now, I am trying to pivot and thinking of the next good option.

@kerry nelson @Kim ScheidI have only stuck to the eastern portion when analyzing deals (FOCO/Denver/Cosprings/ Pueblo)Curious if you all are finding good stuff out in Grand Junction?

I use PropertyShark to find the lot size, previous/ current owners, square footage, sale history, ect... 

This will show you how many furnished units are currently listed on FF, their size and monthly rate as well as the number of searches.

This depends on your agreement and whether you are hypothecating the note (meaning you own the note and are borrowing against it) or doing a partial where you are selling that portion of the note and issue a collateral assignment.When i did partials I did it as a hypothecation where I kept control of the note because those who typically buy a partial are not savvy note investors and if it went into default the first call they would make would be to you.I know some who let the buyer own it and they would be calling the servicer every week asking about payment or emailing the etc. then if it did not show up they would be calling them.How you structure it is up to you, just realize there are pros and cons for both