There are plenty of places in Michigan, or Cincinnati where I invest primarily, or most cities in the midwest, where the neighborhood/submarket would be so poor that it would be a terrible deal even at an apparently good gross rent yield.Here are just a few things that are critical to determining if it's a "good deal" for you:What is the grade of the neigborhood (sub-market and broader area)?

Then slow down your mail frequency dropping back to postcards quarterly, likely mailing each prospect 8 times before stopping but maybe sooner depending on results of the broader lists.Going to use yellowletters and Michael Quarles for the mailing.

Based on my convo with him, he seemed to be a knowledgable guy who is looking to bring his real estate business to a much broader scale by going after larger deals.

Its a broader more hard working approach that requires more time on your part but if you talk to enough Sellers you will find some who are motivated.

Most of the CE classes are targeted toward the broader Realtor market trying to sell pretty retail houses, which I could really care less about because that isn't my business.Back to my point, the education you will receive will prove very valuable and certainly put you in a better position to get involved in real estate.

I believe most people would be broader in their definition and say a rich person has high income regardless of the source.Your dad was illustrating what I would call being a capitalist.

PBS is probably the best down the center in delevering a broader based news coverage.

Too many variables, I think the deck is stacked against you with such specialization long term.My quarter's worth, I suggest having a broader knowledge so that you have the flexibility to operate with any opportunity, even at that, RE is mostly a feast and famine business, the more you can do the better you will eat!

What are your thoughts on whether we are going to see a big change when the SEC opens syndication up to non-accredited investors on a broader scale?

From an entry/exit strategy, SFR's have a much broader audience of buyers, are typically easier to liquidate and have more estabilished capital markets to finance.