If you had a $3K per month marketing budget, how would you spend it to create a consistent stream of motivated seller leads month after month? 

Thanks for sharing.If some one does 1 flip / year outside of other sources as secondary revenue stream / side gig, then it is OK.$30,000/year is less than average househould income in USA. 

The real value as an investor is having access to the MLS & as an entrepreneur in general having another potential income stream like your buddy does.

A little about me/Current location: Lahaina, Maui Previous home: San DiegoProfession: Digital Marketer (working remote with my dog Richard)Why I'm here: challenge myself to create new revenue stream alongside my 9-5  & invest in my first multifamily or condo rental by the end of 2019Sincerely looking forward to skipping through the forums to learn from first-timers, best practices, ouch moments and meet like-minded people (like you)!

I've never seen a legal two family in the Village of Valley Stream with taxes that low.

Growth stocks like Amazon are going to have super high PE ratios, value stocks like utilities will have fairly low PE ratios.You buy amazon based on the stream of future potential earnings, because they are growing, you buy utilities for the cash flow of their current earnings being returned to you as dividends.All other things being equal, a higher percent in the 1% rule indicates a lower expected long term value of price appreciation. 

I've learned a lot about buying / renting out a duplex and hopefully one day owning a large rental properties, so I know this is how I want to invest my money to ensure that a passive income stream is coming back to my family from real estate but I don't actually know how to make my first duplex purchase.

Cash flow is the life blood of real estate, and as a wise man once said, "You can't eat equity."

"Wholesaling" is when you have a bunch of wholesale wanna bees, call the MLS listing owner and tell them.. yo blood, I can wholesale your house....1) They than offer a price that is a little bit above the value of the MLS listing  MINUS the commission they would have paid if the listing goes through.2) or worse they add their fee on top of the friggin MLS price.The seller doesn't give a poop because he would be happy enough to sell the house at what he asked for..So word of caution...

You can also get great financing as an owner user medical practice as banks love it and best part when you retire you can sell your practice to someone and require them to lease from you for 20 years so you have a stream of income down the road after you leave the field.