But I may consider it in the future when the cost has less of an impact on my budget.I've done well so far with adwords and a squeeze page, but monitor the adwords daily at least, depending on your keywords and geographic constraints, you can get a lot of clicks too quick.

By the way ,,great BP podcast a while back there,,,one of the past Ive heard here,,,Honestly Mike,,,I tried to do exactly what u suggested screening the Craigslist FSBO ads with a VA from the Phillipines,,,she was a nice intelligent person but the whole "thang" was a trainwreck,,,,she was send ing me leads for storefront businesses for sale,town homes 300 miles away from me geographically,,,,self storage properties for sale ,,,all of which I specially did not ask for.

@Raymond B. thanks for the explanation.

I have blogged about optimal leverage a few times and nobody ever seems to have a really good explanation about their approach to it for real estate investing or when it makes sense to take cash out for other investments.

I offered the above saying as the basic explanation to get them to understand.

I think its the clearest explanation I've found so far.

Otherwise trying to figure out a shortcut is going to take just as much mind power as figuring out how to do the real analysis.The easiest explanation of a multi-unit analysis for beginners is found in a book called What Every Real Estate Investor Needs to Know About Cash Flow...

Thanks for the explanation Mr Investor.

There are pro and cons of doing it this way.Pros:Dependable tenant (us)Long term leaseGood payConstant maintenance walkthrusCons:We overpaid since we wanted a place in a certain geographical area We 'fell in love' with the property, which is always a no-no in RE

It seems like there’s really only two explanations.