I'm just not understanding HOW that percentage (percentage range) is chosen by investors.If it's simply a randomly chosen percentage each investor decides (s)he would like, cool.

:mrgreen: Somehow in my soul I get the feeling that you'llfit right in with the real estate crowd.We're glad you've chosen our little forum to networkwith.

I have successful rentals in Jacksonville and Lakecity Florida which aways get good renters and ones that have chosen to this date stay for years, not months.

You can assemble a few people on the ground in your chosen areas.

Also, just ask why they think you should choose them, totally fair.Once you've chosen one, I'd say to make sure you stay engaged.  

My dad used to be an FBI agent and there are certainly other ways to achieve FI, but I would have received a knock on my door had I chosen those other paths.  

The lower offer by about $30k included a very heart felt letter that pulled at the heart strings, and had a very similar background to the sellers.Had my sellers chosen the heart felt letter offer, from buyers withsimilar backgrounds to them, for $30k less...the losing bid could very easily file a fair housing complaint.

Although one thing I have noticed in the last decade is that the amount of middle to late 20s to early 40s folks that have done very well for themselves in their chosen field is quite pronounced.. whether its tech sector or other business's that they have run and done well at.When I think back on my investor group back in the late 80s at my HML company in Oakland..

Some have chosen to save money on the rehab. 

Granted, I am totally guessing, as I don't know anything about the location you have chosen.