If you have an investor mindset maybe look for a fixer upper that can still get conventional financing and improve it to add valueChris

Find the best area and buy a below average home and improve it to above average if you are looking for a bang for your buck.

For and in consideration of the Option Fee payable to Optionor as set forth herein, Optionor does hereby grant to Optionee the exclusive right and Option ("Option") to purchase the premises (land and improvements), upon the terms and conditions as set forth herein.

After making some improvements, the home is now worth around 210k give or take and I don't know the strategy that would be most beneficial in expediting the growth of my portfolio. 

As you as the sub lessor paying for all repairs and improvements would need to negotiate quite a low rent compared to the going rate to at least cash flow and be enough to cover the seller's PITI?

Thanks @John Thedford while I appreciate your devotion to pointing out how wholesaling (in the trending structure) is illegal and everyone should get a real estate license, I'm not sure your reply addressed my point at all - in that agents/brokers (the licensed ones) are adding fees on top of fees, in a "daisy chain" sort of way, that essentially pushes the "wholesale" deals to near ARV, leaving no "meat on the bone" for those of us that actually do add value through improvements, etc.

Improved distance to work and lower cost of living didn't compare to having a single family with a garage apparently.

Its a great service but it does take time to improve scores. 

On the other hand, the county can also increase the taxes based on the improvements you've made...it all has to do with whether the previously assessed value was accurate and what the market values are in that neighborhood. 

Some might argue that value-adding to SFRs IS a quicker way of improving ARV/IRR, rather than just relying on market rents continuing to rise at their historic percentage in order for the same cap rate to make Multis more valuable.