@Jay Hinrichs which BTW, 6% is high.

Avoiding accessive PM fees (personally I recommend most people self-manage)These will eat away at your ROI.

If you own real estate in a self-directed qualified account, the 1031 exchange is unnecessary.

Of course my nosey self had to go look up your rental property.

For almost $100k a lot you want a pretty high NOI to make sense of it, like over $300k IMO I agree.

Is this normal cost or high?

Without going into great detail, you are provided 50 motivated leads per month for 1/5th of the cost I have found from “retail” lead companies. 

I am a self-entrepreneur and know the importance of office space. 

I am in Florida and that is exactly what I do..I help OOS investors find high profit investment properties. 

Hi, pre foreclosure in all of its permutations, before the bank sends Notice of Default (NOD) or efter which is state even county dependant but often starts a 4 week clock till the trustee auction are the 2nd most difficult deal scenario and IMHO only experienced investors should bother, the 1st most difficult deal scenario are bidding at the court house steps on lord only knows what is being auctioned off sometimes even 2nd mortgages, you need to do so much home work to attempt to reduce your risk at the court house steps...Pre foreclosure no one talks about these issues, always about the nice sounding stuff like "motivated seller" get a good deal etc etc both are usually not the case.- 95% of folks in pre or post NOD want to stay in their house, keep their house inspite of them 100% will loose the house at the auction.