The process must be understood and applied to team building, investing your and 3rd party capital, and financial deal structure with debt and equity sources. 

Building trust can lead to better negotiations and more opportunities in the long run.Managing seller relationships is about clear communication.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

My below recommendation is something I'd do only if I had these things in order...But what I would do is put that money into lead generation dollars through Google PPC to generate new seller leads.I'd then close these deals and either assign the contract to a cash buyer OR novate the property on the MLS with the help of a local agent.After that when you have some good coin in the bank you can explore more investment options at your disposal.And just so you know -- I consider myself someone very low on the industry totem pole due to my small amount of experience. 

Taking the higher of the two, that's 52k in debt service for 12 months.

Hey Jason - if it's a 1-4 unit, you would need to value it based off the sales comp approach (assuming the buyer is using debt financing).

It’s a great option for those serious about scaling lead generation.

People carry too much debt and even if the debt was forgiven or paid off, incomes don't match affordability. 

Here's the breakdown of rental income and expense analysis:1.Annual Gross Income: $25,800 (Monthly rent of $2,150 x 12)2.Annual Expenses: $25,800 * 0.40 = $10,3203.Annual NOI: $25,800 - $10,320 = $15,4804.Annual Debt Service: $10,680 (Calculated previously using a mortgage calculator with a loan of $131,775, 7.25% interest, and a 30-year term)5.DSCR: $15,480 / $10,680 = 1.45 (approximately)

I have more than enough private investors willing to pour their money in and I realize that there are diminishing returns when considering time spent looking for deals or deal finders and the amount of deals I close.I'm a real believer of the Pareto law which states that 20% of effort leads to 80% of results.