It's ridiculous that they don't realize who butters their bread.

I understand direct mail is the bread and butter lead source but what's the overall strategy with your direct mail?

I typically look at appreciation as the jelly on the peanut butter in most of the deals I consider. 

These properties will typically be in bread-and-butter "B" neighborhoods, however you can also take the same capital and pick up one property in a higher end neighborhood.Bottom line: you have enough to jumpstart your investing.  

Local bank financing usually goes smooth as butter.

LOLLOl….agreed, I always learn a lot listening to you.Our bread and butter are neighborhoods that are just beginning to turn in the path to progress (usually near downtown, or a major highway) where we can do a little value add, maybe reconfigure it a little, paint, new flooring etc, to get the rent to a place it breaks even/has a little return.  

They have also been my bread and butter this past year.

@Dana Nicholson - Yes, you need a plan.If I told you...Eggs, oil, water, flour, butter, vanilla extract, pan, bowl, spoon.Can you make a cake for me?

I feel like in a few years those 3-4% mortgages will be the primary attractive feature of those bread and butter rentals in those red leaning southern and midwestern states.  

A bread and butter 3 bed w/ basement and garage is probably $950-$1,000.