Learn to compute values related to your business instead of taking the lazy, uneducated, uninformed methods of using rules of thumb, then you'll see where profits and pricing intersect.

@Rahdia Green doing a JV would be a good route you can go but the downside is finding someone interested in doing in due time.

So if you're going the do-it-yourself route, you'll probably want to plan on spending a little money on a theme.  

That way you can go the BRRR route, have cash flow showing on the other units which makes it easier for you to do the same thing on the next property.

This might be an easier route than backing out of the deal.

I would say this is a good route, especially if you are not sure what exactly you want your investment strategy to be yet.

Id greatly appreciate some advice on which route an experienced REI would take.

Others will preach bandit signs but I’m against those as most areas make it illegal and I never recommend an investor take an illegal route just to make money.I think having an internet presence with your own website and getting that website in front of as many potential home sellers as possible is likely going to be your best bang for the back and the highest close percentage as “motivated home sellers” are the name of the game and when they are contacting YOU rather than the other way around, you have won half the battle.Hope that helps you sir and answers your questions. 

If you know the junction between Sauerkraut lane and route 100, that's about where they are.

Again, having sales/marketing experience is very helpful if that's the route you're going to go.