Getting rentals under contract

[Nicholas Stevens]

Hey BP - I'm a newish real estate investor and considering different strategies and wanted to get some feedback on potential strategies. I'm a new wholesaler, sent out about 1,500 yellow letters to inherited leads list and absentee owners. My plan is to do this consistently, mailing 300-500 per month. I've had about 50 voicemails so far including people that are calling me back to tell me the house is not for sale. Been on a few appointments but nothing under contract yet - still very excited about it!! I want to wholesale to build capital quicker but I really want to build up a rental portfolio and was wondering if many investors out there think it's a good strategy to contract some of these properties that would be good rental candidates to do a "subject to" deal or seller financing as a cheap barrier to entry to gain a rental. I'm familiar with how these strategies work but by no means have much expertise in them. It seems like if the property's rents work then it would be a solid strategy. Is this used by many investors to build their rentals? Are there any pro's and cons as to investing "subject to" versus seller financing? Thanks in advance.