I know that after the wave of first callers from the postcards that think i can offer them full retail cash will diminish but the quality of leads will increase also but I do want to begin to increase the quality of my leads.

And over time your ability to get the income tax-free will diminish.

Cheap acquisition costs for REI typically run into more maintenance, time and effort to keep rented and in the long term the profits diminish to break-even or ultimately red-ink.What's your threshold of pain - - have you managed any rental before?

@Rich Spiczka I felt that my education and research were reaching a point of diminishing returns and the only way to learn more would be by experience.

My problem with looking at B properties, is that the cash flow diminishes to almost nothing.

The other option that I've been consider is the HELOC for as much as possible much as you did however I am concerned that when I need it most (market tanking) that ability to take cash will diminish or rate increase.

if so then it could be justifiable. but if your upgrades are above what your area can support you might be pricing yourself out of your market. at some point you'll trigger the law of diminishing returns. only you can no where that line is based on research of your market.

I have listening to Don Costa's podcast on sales/marketing techniques to get the pipeline loaded full of leads wanting to do with you.I am curious for those who do Massive marketing if there has been an inflection point where there are diminishing returns for the volume of mail put out.

In regards to a rent concession, it really depends on what your state law says AND how far you think the tenant will take things.In Oregon, residents can ask for concessions if they can prove $1 of diminished value.Good luck!

@Allen Felker,Also, be willing to lend a hand up.I've always liked the idea that a lit candle can light a thousand more and its flame never be diminished.