In my market in Northern NJ, specifically Bergen county, in the last 2 years intently searching the MLS exclusively, I have only found maybe a hzndful of deals that comfortably produced a Cash on cash return of 8-12%, and one of those I currently have under attorney review.

Mostly because politicians have good intentions but dont have the first clue about what actually works. 

Stop the bleeding sooner and reduce stress in your life and in my experience still cost less than months of non payment during eviction process, legal fees, possible intentional property damage, and a judgement against someone with no assets and probably little/no income.

If it's per hour you analyze more intently HOW all of your time is spent.

Scale Adjustment Factor 1 Tear Down -60% 2 Major Repair -35% 3 Significant updates needed -15% 4 Cosmetic updates needed -5% 5 Zillow value - intentionally above average as Zillow factors in "sale ready" condition 0% 6 Major improvements 10% 7 High end value added everything 25%You'll notice that I consider "Zillow value" to be a 5 (greater than average) as my assumption is that most properties that are for sale are also above average outliers (on either side) factor out in to the "noise".Thoughts?

I agree it's a long game and I have no intention of selling.

If you do, and that is your intent, and you end up assigning the contract to another buyer for valid business reasons, then it probably would not be a problem.If you don't, most real estate agents are savvy enough to see through the shell games and protect the interests of their seller. 

For example, if you were buy a single family house located on fairly spacious lot, and you wanted to place a mobile home on the extra space with the intention to rent it out?

Secondly, I wanted to keep my post intentionally vague in order to not sound like I was promoting something so BP wouldn’t take my post down.

I trust that I will buy a property (located in New Bern, Havelock, Newport, Morehead City, or Jacksonville, NC) that will make sense or partner with someone who will intentionally discount their property in order to contribute to the cause.