And Cold-calling, emailing, mailing owners directly.There's no secret sauce.

It's easy to say, from a landlord perspective that this is all "awesome sauce", but no, it's "too good" which sets things up to get very bad.

That is awesome @Shiloh Lundahl and of course the secret sauce in your success is your hustle and determination.

Secret sauce, please!

There is no secret sauce.

Here is the secret sauce!  

Bigger businesses like Sweet Tomatoes with almost 100 locations closed all their places for good.3) GDP is expected to be down -30%+.

There is no secret sauce that anyone can offer, but they can train you how to talk to people and close deals.

I ran the numbers with rough and likely mildly pessimistic estimates of total rehab, based on paying $425 total to have it in good enough shape to keep 70% of rent, then assuming loan cost of 6.5% (definitely pessimistic since the last two were around 5% for me), and they aren't all that attractive-  If $425k total in-Rent for $4200 total =$2940/month using 70% rule$2535/month P+I for $340k borrowed at 6.5% for 20 years $1500 insurance plus $2740 Taxes=$353/month for Taxes and insurance$2890 total MTI =Marginal to no cash flow, $7800 per year in paydown- so about 10% on the $80k I have in, Then market gain leveraged X 5- This is the big wild card, and the one where I may be less optimistic than the rest of the crowd. 4% sustained yearly gain would make the whole thing seem really attractive all of a sudden- but I don't see our economy expanding in the middle class enough for this to keep happening for much longer :(a 1% cheaper loan saves only $200/month- still weak sauce cash-flow wise. 

My "secret sauce"; EFFORT.