It allows you to get a better grip, and get you started. 10's of more reasons but those are the most important when compared to OOS investing.

. $480,000 sales price, and all 8 units are rented out at $750 but could easily be raised to high 800's or even low 900's.

I think of all the homes I could have purchase in Deep EO in the 70's -90's using owner finance. :) Never crossed my mind and probably not yours either.

Closing on another Walgreens 11.75 cap rate in DecemberAnother corp day care under agreement almost 11 capAnother Walgreens currently negotiating in 10's for cap rate with 80k cars per day corner.Have offers out on others also.

I did it in the early 2000's. 

Not including septic of course because that;s an easier run.I would do a sewer scope even if just to know if/where there were branch lines or moderate blockages.....or even the bellies.

Several doctors and lawyers and other smart people literally crying on the phone to me as they realized their whole retirement plan was done and they need to work into their 70’s if they wanted to retire.

Only "A" markets where 10 x 20's rent for $130 or higher will be able to justify the increased building costs.

Quote from @Jeff S.: Wow.

The other side of the line would be someone looking for a nice place to live and just subsidize their housing costs with adjoining unit(s) rents.