The good news is that with no activity, your return should be simple and inexpensive—you might not need to pay $2,000.

I've only invested in STRs and was looking to get into small multi-family but haven't seen anything that made sense in any of the markets I invest in so was curious where people were seeing good opportunities.  

If somebody could get a deal every time they sent out 1300 letters then they would be sitting in a pretty good position. 

There are always opportunity on the MLS....properties that are listed/categorized incorrectly....properties that rely on public record square footage that is not accurate but the broker is too lazy to verify and simply relies on the autofill data, properties that have base zoning that allows for a better use, properties with unique characteristics that are not properly detailed in the marketing information, properties that are simply listed over priced and become stale and are good negotiation opportunities. 

How long have you been using deal machine for cold calling?

It's a good idea to set expectations early to avoid disagreements later.

Interesting, that does not sound good.

Considering the averages as you stated would be a good baseline.

LendingOne seems good, although I have personally never worked with them because I find better terms elsewhere.

Hi Vince  Totally agree finding good deals def needs a lot of networking.