Also, in general, the more holdings you have, the more logical a strategic default might appear.

I usually speak on Strategic Patient Marketing or Relentless Implementation as it relates to business. 

They are moving here for strategic advantages such as lower cost of living and salaries to their employees, access to major infrastructure (great freeway system, DFW airport, can get coast to coast in 2 + hrs), etc.  

This is where we will strategically acquire in bulk.

By personalizing with the agent, understanding the sellers position as well as where strategic negotiating points lay, we negotiated at 25k price reduction with another 5k post inspection

I think strategic default has its issues.

A systemBe organized Proper documents Shrink time conserve it and use every minute Be strategic Your work tells a story about you, make sure he is time and structured

So what I meant was strategically dropping business cards and/or flyers pretty much everywhere you go within that area.I can't really say anything has worked for me because I'm just starting myself but since these are ideas I plan on implementing myself...just thought i'd shoot them your way as well... since you asked.  

If you do want to target short sales or homes with little equity then I suggest doing this strategically.

In an active investment, boots on the ground are critical and you want concentration where you have a strategic advantage, which is usually your backyard ... if you want to diversify, then buy a passive investment like a REIT or S&P500 index fund and be done with it.2: 6-8% has been the long run average appreciation rate over the last 40+ years, and for almost that entire time it has looked expensive compared to other markets if going on price alone and people have been saying it won't keep going ... ask some old timers and look at the historic data if you don't believe me ... if you are talking about just this cycle, you may be right, but if you are talking long term, which is where your head should be IMO if you are getting into buy and hold REI, then I think the underlying supply and demand fundamentals are solid.