I have about $350 into this marketing strategy so far including the program (monthly,) lists, marketing supplies (envelopes, stamps, yellow paper, pens, etc.)

After potentially finding a deal how do you lay out a deal on paper to a partner?

Sourced the property on Thursday, negotiated over the weekend, and was signing papers by the following week.

@Aditya Maini For me, I wouldn't invest in a rural condo unless my ROI is at least 25% a year, allowing me to recoup my initial investment in less than 5 years on paper.

@Bo GoebelIf you have everything in line (meaning the construction budget, the contractor that's approved, the inspectors etc...) not to mention the regular loan papers,you should be able to close that 203K in 30-45 days. 

Tell them to come get their junk and sign the papers NOW .

So, I've owned a residential property management company since about 2000 and when I started it was literally with paper, pencil and Excel.

When I show the property I don't even have paper applications.

Even if the numbers on paper look good, I think the person/people running the show are most important to help make the numbers a reality.

I know the numbers look great on paper but the city is still not "ready for primetime" IMO.