I’d expect 20 plus calls to get 1 deal.So likely your annual budget is a percentage of what the big players spend on this stuff per month.I have bought multiple properties for about double what you’ll spend on direct mail.  

But the County had already approved the permits for the original developer and they were still valid.So, sure enough at the annual meeting--the only one that timeshare owners might, at least a few, attend and that an agenda is sent out for, they announced that they awarded a contract to their own development company to fully develop the timeshares.Yep, they were going to build more timeshares at our owners expense, and we would then all share in the profit (or losses, which is what it was going to be) but his company was going to build at double the cost per square foot for a high level home in that area, and these were rural timeshares, not high level. 

We have about 50 coming in  from CA, on the 13th for our 2nd annual investor tour see my youtube link on my home page of my site video from April.  

He makes 250k+ annually.

. $5000Total investment: $30,480Mortgage payment: $530/month (Conventional 30yr at 4.6%)Annual rental income: $21,000Annual Expenses:  Property tax  $1200 (verified through property appraiser website)Insurance $1,200 (best guess)Prop man.$1,680 (8% of rent)Mortgage $6,360Calculations:NOI = Income (minus vacancy)- Expenses (Prop tax, insur, and Prop mgt)         = 21,000- 4,080          = $16,920Cash Flow = NOI - Debt service (mortgage)                  = 16,920 - 6,360                  = $10,560ROI = Cash flow/ Investment basis       = $10,560/ $30,480       = 34.6%Cap rate = NOI/ Purchase price                = 16,920 / 129,900                = 13.0% Cash on cash = ???

If the projected year 1 income is much higher than the trailing 3 month’s annualized performance it’s probably overestimated. 

Besides the up front cost of the offered purchase price, title insurance, the tax bill, and annual property taxes, what other potentials costs should I be aware of (also mention any negatives to be aware of).Thanks in advance.

I read on here a post by a group of 3 people who had salaries ranging from 100-150k per year, and their.numbers of a property was going to leave them with 1,100 profit annually, (might have been each, so 3,300).   

I did that last year with flood and shed about $3,300 in annual premium but could do it on the fire ins. policy. 

You have to look at list price and see if they are over inflating, at market, or below market for current condition of the property being marketed for sale.Without knowing your current net worth, liquidity, annual profit income from job or business it is hard to comment further.For example if you have good cash coming in and want to create wealth you might be better off buying a new house in a new development going up phase zero (just dirt and pipes).