Since I am old enough to get reduced price meals in restaurants I don't want to be 85 when I get the property paid off free and clear. 

Luckily, my Dad owns his own construction company so I've always got that option of a joint venture.Below I've just included my logic about my strategy (mentioned in the first comment), would be great to see if you guys thought I was heading the right direction.Process for this example deal I was looking at: http://www.rightmove.co.uk/property-for-sale/prope...1) Buy properties at auction, 2) Add value through converting into either a 7-8 bed House of Multiple Occupants, e.g. students, young professionals etc, OR three separate self contained apartments, 3) hold each apartment for rental income.This place is right next to an overground tram station connecting tenants to the whole city, surrounded by 12 bus stops, bars, restaurants, 8 schools within 1 mile of the property, 10 minutes to one of the main city hospitals and a VERY strong rental demand.

Come eat at restaurant at 3101 Sutherland Ave.

I have a client that also started as a microbrewery restaurant and then decided to focus on the beer distribution and sell the restaurant operation.

Eat cheap and stay out of restaurants, coffee houses, movie theaters and restaurants unless its your 3rd job.  

I am currently in college for Business Administration and work a part time job at a restaurant.

I do not know anything about this property or location so I will not pretend to be an expert here so these are just wild ideas for empty land maybe in that zone category - leases for billboard, restaurant pop-up (temporary), fruit stand, farmers market (seasonal), RV / boat storage, manufactured home park, pay parking lot for bus.

If the brokerage gets into trouble these investors just shut them down and agents move on to the next one.Since those types of brokerages main source of income is investing and not the brand per se they have less to lose in some cases than a traditional brokerage.Agents have to be trained up intensively.

I have been involved with Residential, Multifamily, Commercial, Restaurant and Heavy construction projects.

Meaning when he sees restaurants either popping up or converting putting out small tables, turning into sidewalk cafes, he starts buying.