Yes, I'm aware that there is a point of diminishing returns on these investments, so I'm not going overboard.

It always says...BUYER: SELLER:Therefore any attempt by rehabbers or others to diminish the wholesalers role and their "cash buyer" status is nonsense.Unless you have the cash in your account (rare)... you are getting a loan.Wholesalers (along with rehabbers and ANYONE in sales) must learn to prequalify.It is only in real estate where the use of Sales Skills is mocked and routinely ignored.Have a Powerful Sales Day! 

Bare in mind, that any advances made by the prior mortgage/deed of trust owner would contribute to the total cost which would diminish your expense on the matter.If for some reason there is some serious title problems and the other liens fight claiming they have a position superior to you, it may become more costly to defend.

It is in the idea stage and am looking for input of what metrics to track.I do not have any answers, only questions.Your data is going to be the first variable and will diminish in value with age. 

With $40k down, my monthly cashflow increases (less mortgage) but my annualized return diminishes (more equity invested).

Of course it doesn't diminish your accomplishment one bit whether you have seven or none.

While I personally have not yet sent out that many consecutive mailings...from everything I've seen from the experts your response rate increases to about the 6th or 7th mailing then you hit the point of diminishing returns.

@Dana WhickerThe point is that there would be a lot fewer real estate transactions.Real Estate Investors will be doing fewer transactions and keeping smaller properties longer.Larger properties will not sell as fast.The amount of capital available for real estate investment purchases will be diminished by the about of taxes paid, about 20% long term capital gains and up to 43% short term. 

I also use NREIG.....as with @Kim Tucker I am frustrated due to the fact I have had multiple points of contact only to see the level of expertise greatly diminish as new employees come on board. 

With high property taxes, a diminishing economy, and 100 year plus old properties, it is definately a hard market.