@Jake Baker Love the approach of measuring the total offers that you send, if you know your strategy most of the time it is a numbers game no matter the condition of the market. 

Totally agree.

I might get 5 to 10 totally unqualified applicants before I get a good one.  

My understanding (but don't take my word for it because I'm totally new to real estate investing, i.e.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

Full disclosure: I am a flat fee Broker.If you find the right buyer, your total listing/brokerage costs could be approximately $500 (assuming the buyer doesn't have an agent, or the net price after their buyer agent commission meets your goal).

It could provide more cash flow but your leverage would still be less due to the total value of that property compared to the 4plex3) Is there an easy way to understand what price range I should stick to in my area, and should I focus on the best market or focus on the best price for properties? 

But in a place like this part of CA were its reversed the land is worth 80% of the total value not 20% like most other areas of the country yet the bank requires insurance for the total amount of the loan even though the build cost to replace is far less..

The totals come down to $3000 and $550 respectively. 

I joined RaiseMasters with this mindset and have been totally blown away with the information I have been able to receive, not only from Hunter, Adam and Cam, but the support and openness from the team has been stellar.They truly have created an environment that emphasizes collaboration.