Holding costs will eat away on potential gains, assuming you can sell higher than what you bought.

Water is impossible, so just eat that along with things like insurance.

I'm sure you read 4 hour work week , if not you need toHowever, your generstion needs to learn everything is not always a passionI have much to share on thisProbably will write a bookI'm really a writer, academic by tradeThat forced myself to work against my passionI became a electrician heating and airI can do Sheetrock flooring tilingDo trim work I forced myself to learn intrinsic value so I would not have to pay contractors and eat profits that are so vital to retain in early stagesMost people are like meThey are just ordinaryThey can't create corporations and syndications of raising capitalYour generation has many good ideasBut the falsity of always following passionAnd not understanding of developing left hand in basketball is self defeating and propels disallusionment and neglects to look at one self long and hard in mirror 

Essentially, we eat the costs for our borrowers.

If they are okay with it, then you have your cake and eat it too.

That would eat your bankroll pretty fast.Also, I don't know what type of "home runs" you are hoping for in D areas... huge pockets of oil being discovered underground? 

Personally I don't think it matters much, which approach,,they both have their value and different people are drawn to both, although I prefer the independent restaurant I still eat at plenty of quality chains because they are there when Im hungry and I know what to expect.

What about the crew eating lunch ?

Are the rents that risky to collect or are the expenses so high that they eat up any profit?

The worst possible scenario is to get in over your heads and then realize that cost overruns are eating up all of your profit.Stan