It's just not realistic or sustainable over time for those numbers.If you buy a 5 cap for instance on the sellers pro-forma comparing to decades of data you are buying really a 4 cap.

It's pretty risky to do unless you can find a niche with enough demand to sustain a business.

Listen to podcasts and read books on different strategies and you will start to see which strategy best aligns with you.For me, I want to build wealth through long term appreciation in a sustainable and scalable way, in a market I know. 

I’m considering turning that into a proper business within an LLC allowing it to grow into something bigger and more self sustaining.

I have a meeting with my broker today but I know I can't approach this in a traditional manner as both myself and the property may not qualify. 

@Michinori KanekoI'm not really sure about using your personal credit in that manner. 

If your city or state is operating in a more aggressive manner or courts are shut down due to judicial emergency, it definitely complicates things further.

Who knows if this is sustainable or not?

They just need to buy/find the proper equipment to allow easy breathing in a safely manner. 

In the end a place can only sustainably grow RE prices if there is a pick up in local economic activity, via setup of new businesses leading to rapid and sustained job creation or if there if it is turning out to be an attraction as a retirement town.