Talking to a local like Greg will always be your best bet.

And, I'm willing to bet that most landlords don't do much better than a 10% annual return on their funds.

If you want to bet on this, you can wait for a couple years before doing your cash out refinance.  

They can’t spend $5,000 per month on marketing, pay $1500 for a professional web presence, pay $600 monthly for SEO; or afford to pay VAs to screen responses.  

However, you need to be connected to the Internet in order to generate the codes on the erentallock web site.The way this works is that you setup an account with them and provide a master code.

Due to to small location wouldn't necessarily bet on cap rate compression. 

They were a) smart and b) knew money and c) poked around on the world wide webs a bit.

Sounds like being super proactive by picking out a place before selling the old one is a safe bet.

So it is a good long term bet (provided the socialists do not bankrupt you first).

I bet a lot of new investors would love to hear how you got #2 and what’s your plan for #3