Male sure that the seller you're talking to is the one that owns the property.

(Did I say looking to? I

You list some good reasons why some props have low cap rates (not to mention that those bldgs usually have strong appreciation to boot :) Usually you need money/previous equity to be able to buy one, so most novice investors are locked out, and hence can't relate/understand why anyone buys @Sharon Tzib that is the quote I was responding to, I am not sure what post of @Amit M.

ABM Always Be MarketingI've been targeting accidental landlords on Craigslist to see if their interested in selling.This week I've started sending yellow letters (if you enter yellow letters or direct mail in the search bar for several articles and discussions) to expired listings.Next up is a direct marketing campaign to absentee owners.When I run errands I take different routes through my farm area looking for For Rents and FSBOs.I also have a website to direct leads to. I

They will prepare your case better than you can hope to. I

A list of people to mail to? Is

I have never been an active landlord nor do I have a desire to. I

Kay H. what list are you marketing to? Is

[We think the left one is the culprit]How to I handle the Tenant since I am not responsible for their appliances?

Subject-To is for properties with equity.