No money and no satisfaction.

But be patient and let the numbers do the talking. 

I’m happy to put the work in to find a deal, and be patient, but unless you already have a cash flowing property to provide substantial leverage, I can’t see how this is realistic for an average person.

Maybe I could have been more patient?  

I think the current rent is ~4300/month all utilities are paid by the owner, i think with some investment the rent can be pushed to ~6000/month. the rent is not equally shared across the rooms and there is quite a discrepancy, ~400 to ~700 My biggest concern is not the cashflow as we can be patient and want to hold for the long term, but the risk of not knowing the current residents when we purchase, not knowing how they were vetted and any downstream problems that might cause.With M2M, if people dont vacate after 30 day notice, i still need the eviction route?

Network, pencil deals, be patient.

Hard to provide good solutions without a good understanding of the problem.With that said some general advice:1) know your goals and buybox2) be diligent and patient; this market is competitive3) be realistic and creative or you'll be forever stuck in analysis paralysis and get burned out and give up4) get your financing in place5) pick a good investor agent6) time in the market > timing the market

Be more patient I could have purchased myself and rented long term.

It's common to withhold a percentage until the project is completed to your satisfaction.11.

The tenants there are pretty bad but we are just patient and screen very well for him.