Once you have a good feel for the area how do you go about pinning down the areas that you think could potentially generate the most leads or have the best deals?

@Rick HarmonYour method of determination for pursing a lead is right on!

By charging them a total of a $500 pet deposit may bring about feelings of animosity and may lead to a disregard for the upkeep of your property.

I'm guessing the first two have hit for now and I have received 3 calls so far.  2 of them seem to be quality leads so far and one was a "take me off your list" call.

Whereas, my friend Sam may be a full time investor and be willing to take anything with an ROI over 12%.The bottom line is that I never throw out a lead based solely on how closely it aligns to the mythical 70% Rule.  

So far, so good.I'll document responses, leads and deals in this thread.

if you're renting you're going to have to deal with the lead paint issue (build before 78);  some people with children won't live around power stations if there are lines overhead - or is it just a station?  

., a "lead") so your cost for a lead out there is easily $300 (cost per conversion).  

Obviously it couldn't be easy for my first possible lead and i have a lot of questions as this is like nothing i have come across in the forums. 

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