The term of a lease has no direct bering on how long a tenant will stay. their life dictates when they will move and generally speaking most people do not like to move often.

Your areas that you are looking in will dictate who your tenants will be.

Obviously the size and length of the loan will dictats most of that but still.There's a point where real estate reaches critical mass when you can scale up in number of homes and then let the factor of time catapult you to a much larger profit than you would typically expect.

Your business model will dictate much about your approach, buying from an investor for a rehab can be pretty much a step by step matter but you'll still need to be somewhat personal and building confidence, the seller having confidence in you, can always get you a better deal or better terms.

We have all seen it.And a lot of how effective this method is of obtaining or flipping homes is dictated by how hot the market is..

So your prospect group and your desire to have the "Bad" addresses returned will dictate your choice.

In other words, you can't dictate that they have a desirable house with real equity.For me at least, the majority of the leads were a total waste of time.

LOLI do not get too much into politics and the big picture too much.Dennis I understand your position.My mom a few years ago had a full knee replacement.The surgeon that operated on her is one of the best in my half of the United States.Medicare covered part of it and then her secondary insurance picked up the rest.She was one of the last patients with Medicare that this Doctor took.The reason he no longer was taking Medicare is not only were they going to start squeezing them on pay outs but the bigger issue was control of the patient care.For instance my mom has one of the best knees with no issues and full range.It's the same the professional athletes get for sports etc.The surgeon was telling us Medicare was fixing to dictate to them what brand and quality of knees they would have to surgically install in their patients.All because they want to buy cheap crap to make a buck and buy in bulk.The surgeon said he is not putting in junk knees from Medicare and then the patient sues him for revisions,infections,messed up internal parts that fail prematurely when the problem isn't the surgeon but being forced to use an inferior product.More policy thinking they know what is best but creating more problems than solving them.

The market picks you based on its ability to deliver properties that match the profile/criteria dictated by your financial goals.  

Using letters and postcards will increase the likelihood that the prospect will call you.The two key components when prospecting via the mail are to get the prospect to read your message and to cause them to take the action that you dictate.