It’s really frustrating.

That means that you, seeing the value of that rent, can get it for a 'discount,' relative to if the market gave that same value to that rent.Someone out there is frustrated that their 3/1 SFR with a 1/1 ADU isn't selling for what they thought it would sell for.

While I understand their frustration it also creates opportunity for others but with that said definitely take the time to educate yourself.

It's just that I talk to people every day that have been sold a bill of goods.....many from right here on BP....and been frustrated because expectations were not managed well amid all of the hype.The best way I've found to go about conquering any market is to do a deep analysis of what is available, determining first who owns what you're looking to buy, and second who has the ability to sell it at a discount, and then to come up with an encompassing strategy to reach them all consistently and persistently until they are ready to sell.You do that, then automate it the best you can and you will have created a pipeline that will consistently spit out deals on the other end.

@Sean Parno I am in Sacramento, Ca, so I understand your frustration.

I guess I'm a little more patient in that regard; I don't get frustrated easily; then again, maybe it's because I was an AIT instructor for 6+ years.Anyway,There doesn't seem to be a lot of, if any, court cases to reference on this topic.

Frustrating, he owns it free and clear, its vacant, I want to live in and rehab it.

I do need to move on, but is so frustrating knowing that I spent so much of my time on this idiot who thinks his peice of crap is worth something due to the neighborhood it's in and he's sticking to his guns by not taking a $5k check and getting rid of this property which he is at least one month behind.The fool is going to lose his home trying to find a sucker that'll be dumb enough to give him money.And he's also restricting access to his fiance who owns the property.And did I mention that his fiancé has already lost two properties of hers recently and the idiot fiance of hers is playing hardball?

Frustrating.

Frustrating when you know you can invest in VR homes make $ but mostly for others!