The risk of the seller wanting their money back prematurely is high and it will be a PITA to manage.

I pride myself in knowing a little about a lot and I must admit SEO is one of those things that always changes and I get tired of trying to keep up.

500,000 is not enough if your family depends on your income for support and you pass away prematurely. if you borrow from the policy you reduce the face amount and universal life does not have Paid up additions as indicated by a previous poster.

It has come to my attention that there are many investor "tire-kickers" bugging the agents in town so they screen pretty heavily.

They are getting tired of upkeep, maintenance, renting duties, etc.

Inventory is low, rates are great, people are tired of waiting (this is a starter home around here) and we had a yoy median price increase of over 9% - people will think it's time to get on board.

The areas I am buying are filled with hardworking blue collar workers who are tired of living in places where property managers treat them like crap and don't fix issues.

They won't connect for every "tire-kicker" that may be interested. 

Good place to start then send out a post card to see if Owner is burnt out and tired of paying court fees for evictions.

I firmly believe LB, most of LA County, and OC are not yet near the bottom and we can look forward to some additional moves before the market wipes out all of those that are jumping in prematurely.