These are difficult to make good cash flow with any business model.

Another note: Have a lender friend who is a LS vendor and she has not gotten a lot of business from the LS members.

You'll be living in one of the units and collecting rent from the other three, so it would be a great way to learn the business, get some cash coming in and cover your expenses. 

As far a business ideas go - I have always liked providing a service as opposed to a product, so I think this fits that window. 

I (medical doctor) am not currently practicing, instead choosing to start a business while doing some consulting work on the side.

I get a lot of questions on this deal: how did we find it, how did I negotiate it off market, what's the business plan, etc so I did a full YouTube video on it.

An investor friend down my way does very well with his wholesaling business to the tune of $400K - $500K/yr. 

My business partner bought me out as I have other ventures that I need to prioritize.

Sure, maybe you'll get lucky...Also, most people are busy with their existing day jobs and lives. 

@Ashton Fry- there are several lenders / banks  offering HELOCs on  rentals  and / or  2nd homes ...SPRINGEQ  is one .....check with your lender  contacts and  also with the banks you do business with  or   banks / credit unions close to the proeprty- good luck