You don't have to pick one but maybe learn the tactics from each strategy.

I've been bouncing around the idea of getting into property management, and after being on BP have decided this isn't the best tactic for entry into my market.

Our current economic cycle requires today’s active investor to go off script, or “off market” and utilize what is often referred to as guerilla tactics, or “old school”.

Once you gain some exposure with cash flowing properties, you can then take it to the next step; perhaps more risky but lucrative tactics in your own market.These tactics could include value add/force appreciation, syndications, flipping, etc.

Nigel, first learn all the different tactics and ways to do things, and then apply your area's laws to them.Once familiar with what to do a lot of people do not have the monies needed to fixup and or pay closing costs.

A tactic they use for you to sign up for memberships is that "you will earn back your membership fees."

If one is 10% and the other is 8%, those specific numbers are pretty unimportant -- but the fact that one is a good bit higher (or lower) than the other is what's important from a tactical standpoint, given that they were calculated in the same manner using the same types of data.As for cash on cash return, that's a little more important (in my opinion). 

Sometimes foreclosure can be tactically used as an attention or training device.

What are some important marketing tactics to use to attract sellers when I can't buy with cash and close in 2 days?

If anyone has been through this or knows a good tactic to analyze this property, please chime in.