I understand why this is the case and truly respect those who spend the time and effort into calling, contacting, and convincing owners or already have strong broker relationships.

Purchase price: $38,000 Cash invested: $48,000 Single family, Home in an older established neighborhood needing complete updating.

But you are having to interact with people - and hopefully you do that with the same respect you would want if you were the one renting, versus buying.  

I like to establish trust and a willingness to work with my new tenants.

Established neighborhoods often come with more mature landscaping and amenities.

3 Steps To Take Immediate Action:1) Set small, short-term goals (establishing a one-year, three-year, five-year goal has helped me tremendously)2) Seek help from people smarter than you (I am never shy to ask questions, even the stupidest ones)3) You grow through what you go through (We will make mistakes along the way and that is ultimately what will help us become better investors)

Also, I little head up....OwnerRez is a great software in some respects but is a beast to learn!

It’s only through investment of capital for marketing, software systems, lead generation, call centers, attorney drawn contracts, title searches, etc. can someone establish a VIABLE business.  

Find more in older establishment neighborhood.

I am looking at establishing a new single-member LLC.