Focusing solely on numbers often leads to the purchase of low-quality properties.

-A water heater issue resulted in repeated mismanagement—confusing unit assignments—leading to extra costs to fix the same issue 3 times and on each occasion "more fixes" needed to the water heaters that I plumber said was needed.

Talking of multifamily specifically, how is it that we are getting better cap rates if the prices have not really reset lower.

Do you get a lot of leads on Furnished Finder?

Others rely on networking... hooking up with probate or divorce attorneys who sometimes have leads on properties that aren’t widely marketed.If you decide to hire a property manager in the Jasper area, maybe chat with a few owners who’ve used them.

I’ve been working probate leads here in San Diego for some time and your words are right on point…lot of time for sometimes little to no return. 

It goes as follows. 1. usually I let all leads go to voicemail.

Changes to local landlord/tenant laws and new situations involving tenants lead to these annual updates.

If I convert those monthly nets into annual nets and plug those in to see what amounts of cash in would lead to those results in each case, I come up with:Scenario 1: $2000/month ($24000 annual) to equal a 12% return means you're in $200,000 cash. 

Sub-to is an army of poor ignorant being lead by a handful of savvy opportunists.