Its a grind. Currently 18 months into a part-time search and there are definitely times when I feel like quitting my day-to-day and focusing solely on finding an acquisition. I would imagine that the market you're searching in plays a role too. I am looking in a fairly narrow geographic zone a large portion of which has been challenged economically for a number of years which makes finding good companies a difficult. If you're looking in a strong and active market it probably becomes a fair bit easier.

I had the same question and was worried it would be answered with “definitely not”, glad to hear some positive answers. Thinking about this myself it seems like there are 2 components 1) overall time commitment - can you balance a job with the large time commitment of a search 2) time flexibility - a lot of your conversations (brokers, banks, owners, etc.) will be during business hours. Does your job have the flexibility to handle this?