Pretty attractive cost per unit price for NE Minneapolis.

I do think there is some value to education, as long as you are not breaking your wallet.

What you plan to do with it makes a big difference based on the numbers you're talking about.If it's a flip, $35K with a $50K ARV doesn't seem to good.For one, I'm 99% certain the home will need more than $5K of work to make it an attractive home to an end user.But, if you want to buy and hold, it may make sense, depending on what you can get for rental income.Don't rush into a deal just because the numbers SEEM good.

To become the member of BBB(better business bureau ) it could help to attract more sellers for lease options?

That person is always attractive and knows how to deploy the 'charm offensive' That's how I get my most fair numbers ;) ;) 

I think people might get scared of having multiple of everything (4 bathrooms, 4 kitchens, 4 HVACs) that could break and need cap ex, but another way to look at it is that you're vacancy wallet is 1/4 as liable since the others can subsidize.

Where would I most likely attract room renters? 

Would you be willing to share more information with me regarding how you would structure an offer that would be attractive to the seller in this example, yet still retain enough potential for the buyer to make a reasonable profit?

@Tina Gao there are many areas in south Jersey that are yielding very attractive returns, with relatively low risk.

Dover is certainly in the path of progress as the Portsmouth market becomes even more expensive and continues to attract jobs etc.