You sparked collaborative conversation and helped demystify the entire process.

It really depends on the market - cost per deal is much higher in LA, Phoenix, etc. as you would expect.To throw a range out there - it can easily cost $500 to $2,000 in marketing to get a deal.Here's a way to back into some meaningful metrics for you:>> Use 1 deal in 20 leads as your basis.

Being under that $200k threshold should spark more buyers.

Their spread averages 4.6% but it's too small a sample set to be meaningful.

I would buy 2 properties in cash in Reno/Sparks and get fairly aggressive on offers with cash.  

There are great benefits to the program but also meaningful drawbacks.

What sparked your interested to dive back into real estate? 

I just don't think you're going to get meaningful returns on some random property thousands of miles away that is going to help you build momentum in any way.  

If nothing else - you need to make sure you're growing your rental income meaningfully which requires a pulse on market rates.

I hope it gives someone to spark to realize that it can be done.