No offers in this market is typically based either on price or practicality.

“To keep up with annual demand, the US needs 1.86M new homes (for-sale and for-rent) per year through 2033, based on underlying demographics and current undersupply.

This is usually a short term play, maybe up to 3-5 years.

So is your half of the profit based on you finding the deals, and negotiating the deals?

Uses that also target the business incubator residents/visitors and remote workers might work, e.g. many years ago I'd thought about doing a sort of subscription-based co-working space - something of that sort may do well initially, but may be much more successful in about 5 years as the area continues to redevelop.Current resident population within 1/2-mile is lower-income.

Returns are heavily based on how levered you are. 20% down performs better than 30% down in terms of overall return.

There are companies out there offering low interest rates for 30 year fixed mortgages so you would not need to deploy all of your capital into one rental property and then play the waiting game for when interest rates drop. 

If the rent you will pay (if you don't house-hack) is higher than the negative profit per month, it generally isn't a bad play to house-hack.

The colossal failure of their iBuyer program a few years ago showed the world the dangers that exist when the flaws of algorithm-based estimates are overlooked.

My first property was based on a VA loan.