Your thinking small time, No one gets rich working for someone else.

@Ned Carey Ned the only difference in our market is that the competition is SO KEEN  and these are semi rare.. that I usually just buy it first.. then work down the food chain... but these are in all cases that I do SCREAMING deals  LOL.s.. so you can stub your toe and still do fine.

I saw dog food.  

Too many here at BP want to start in the hundred yard dash (the most difficult food race) without having taken the single step.

Lots of smart investor money there, but also old rich guys that have money to burn and experiment with.Further South around Ft.

@Rich HupperFrom my limited experience the lenders appraiser normally use comparable properties for SFR and Small Multi Family properties.  

.- Set realistic expectations: Understand that you will not get rich over night and certainly not on your first deal. 

I myself haven't latched onto this model yet, another set of hands touching my food isn't that attractive to me. 

Ok, so I just read Rich Dad Poor Dad and I loved it!

Since you serve food, they are often different than just standard short term rentals.