Hey @Mark SchmidtGlad to see you found bigger pockets.

Also this property has a small retail space, with an existing tenant.

I also look at forced appreciation, which is one of the strongest tools in my tool belt in the value add apartment space. 

He liked the house he got much better, and he grinned and told me it wasn't so terrible to have a little space away from his parents. lol (it was only like a 5 min drive but I think that was 5 minutes he appreciated!)

My questions for you all are:Has anyone worked with their city inspectors to convert an attic into a living space?

We have tenants in the space who pay $2K monthly for rent. 

@Mark S. 

We have tenants in the space who pay $2K monthly for rent.

There would be common kitchen/eating area, a couple full size bathrooms, and a larger social space, These are examples of creative value adds but not ones appropriate for you. 

. - I personally feel that wholesalers in my area are marking up the properties beyond a profitable level for the flipper - i have deals emailed to me all the time but they are all $25-$40 grand too high for the numbers to work - YET THEY SELL SAME DAY!