What are some methods you implement when pre-qualifying a potential seller?

., I haven't implemented the use of property management software yet, but it's long overdue.

Its been a great experience to take what I've learned with my work in residential remodels and implement it on my own home!

I’ll be sure to implement it. 

In addition, I have implemented a "Profit First" type cash management system.

Otherwise, if you venture into an OOS market solely because of "cheap housing" but do not have the right team in place, you can essentially forget about successfully implementing your strategy.

See here for the most up to date info I have found:  If you haven’t been following the news around SMS (text message) marketing and cold calling, there is some serious legislation being passed, and new protocols being implemented by carriers that you need to be aware of.If you do not take time to educate yourself, you could be facing a massive drop in response rate (best case) and very large fines and lawsuits (worst case).In this article, you will find everything you need to know to stay compliant while navigating the new rules of outbound marketing as a real estate investor.The Ultimate Guide to TCPA Compliance and A2P 10DLC Regulations 

Purchase price: $81,000 Cash invested: $81,000 Purchased a 5 ac property with a 2000 sqft metal barn and 700 sqft 1/1 SF residence.... and loads of equine implements.

And of course working smoke alarms (and if gas, carbon monoxide detectors).  

Here are the details of the property:5 ac w/SF (1/1) home (in rough shape), 2000 sqft barn, and tons of horse implements...