From there we identify properties that could have some potential and if you are interesting in diving deeper, 1) we do a thorough video walkthrough to give you a realistic look of the property, 2) we give a ballpark estimate of rehab costs (we do 40 a year with our GCs o we will get pretty close), 3) we talk through market rent with our property management team, ARV, and potential highest and best use.Ideally you find great investor agents who know their market really well and have a network of resources to provide you with enough confidence to take reasonable action. 

There are many markets that this will work great. 

Marketing = momentum.

My main job is running my investment holding company, so I'm familiar with public and private market investments but new to RE. 

In general I have unfortunately never gotten much return on any social media marketing. 

But for the best local advice, make local connections in the market with Host groups and Rental Associations.

We have no interest in contact data gathering, as that space has been well developed. 

We went directly to the listing agent, and we noticed that it was on the market for a very long time.

My market is houston text.

.): ~$35K (assuming 8%)Total Cost: ~$375K–$385KProjected Profit: $65K–$75K before taxesThat is a decent margin, but this being a two-year project, you need to be sure the market doesn't shift downward, and that you have a buffer for unexpected costs.3.