Instead of acquiring properties you could flip them to cultivated investors (Not your average bear Cash Buyer) and be making $50,000 a month doing just one deal.

But I think I do a better job than my competition when it comes to my listing and cultivating those reviews.If you have a 'low season' where you won't see many rentals and therefore can afford to drop your rates really low for a few weeks, then your low end nightly average price will help put you at the top of the search when most people sort by price, lowest first.

@Yolanda Eiland I've never done it before but a big pro I can see from it is not only cultivating your skip tracing prowess but gaining access to better skip tracing databases.Cons would be the fact that judgments are pretty much unsecured, court awarded IOU's.

At some point its likely you'll need to work with a broker in any case, so cultivating such a relationship will be a good idea.Here's one I found with a little googling:New Jersey Contract of Sale

It will be to your advantage to distance yourself from those that do not share your goals and cultivate relationships with other investors.

I am not trying to start an argument about the value of a Realtor or accuse those of you who have taken years to cultivate relationships with your clients of being overpaid. 

I have not worked with them personally, but from their posts, they appear to be movers and shakers as they say.Also my advice to you would be to join some local rei clubs, and cultivate the ability to find/create great deals investors would want to invest in.Yours truly,Greg Fries

My first broker when I entered the real estate business years ago made this statement and it stuck with me ever since.The broker/agents were always worried about commission and getting paid.The head broker said you are thinking about this all wrong.The head broker said "If you learn everyday,are passionate about what you do,and focus on cultivating relationships and helping people then the money will take care of itself."

Just put in my first LOI on an off market opportunity brought to me by a broker who I have cultivated over the course of a few months.The suggestions above are excellent especially:-Have a 1-3 sentence elevator pitch for what you are looking to purchase -Know the sub markets well enough to converse. know which ones you are targeting and why.

The good, the bad and the ugly about cultivating private individuals to be lenders on your deals.