This is precisely why it is so effective when optimized properly: The type of seller we target is in their 60's or older.

You arnt really going to get anything in an optimal DC neighborhood at that price, unless youd go to SE like you said. 

To answer your question, I invested about 5 years ago with a group who had lots of optimism and confidence but lacked the necessary skills to properly renovate and manage a large apartment building (400-units).

This article from yesterday shows some more optimism for those who bought HOA foreclosures in Nevada: http://vegasinc.com/business/2015/may/18/gavel-han...Some investors have been getting free & clear title, but it's just taking time.

Each lead will have greater potential because you can focus your attention optimally.

If anyone has figured out optimizing the 'open rate', it would be MQ.I guess I have to agree with that statement.

Time of Day: Our next question was to see if there is a better time of day to call to get optimal contact and qualification ratios.

Make sure it optimized and have lots of educational content to server them.

But people worry too much about optimizing, as though that is going to be the make or break factor. 

Build your account, fund it, and it will optimize itself and you'll be tweaking the ads and keywords, and in a month or two you'll have a good idea of your cost per lead and if your budget is driving enough opportunity for you."