When investors are doing stuff like this they don't get to work with the successful agent, they get the low hanging fruit, plain and simple.

You should be developing strategies to get in front of owners/sellers directly.As far as who these buyers are, this entire year has seen a lot of cash move into real estate:1031's finally able to get a fair price for their relinquished propertiesFlight from the inflated stock marketRace to lock in the fleeting historically low interest ratesPeople seeking tax benefits of real estate not available in other assetsForeigners sick of the abysmal returns on treasury notesThe good news is that very few of these buyers are talking to the owner of the fourplex down the street and establishing a rapport for a property that is not on the market.Good luck.

Plain and simple.

You know you are doing it right when the people around you are sick of hearing about real estate!!

Plain Quicken works too, a lot cheaper and easier to learn than Quickbooks.

Perhaps risk averse or just really careful (or just plain broke)...I think ability is lacking in home buying. 

By the 3rd or 4th year, most investors are either sick and tired of dumping money into the property, or they are tired of trying to find a good property management company.These properties require way more effort to manage than a property in a good area which means it costs more money to manage these properties.  

Plain and simple.

But it's all plain text now. 

And property management has to be factored in so that you're paying yourself for your time, or if you ever decide you're sick of managing the property that you can have someone else do it.