In my experience the placement of the return address is dictated by the envelope and the font used.

I think this is one of those situations where asset allocation and manangement would dictate the answer.

Your operations will dictate your license requirements, buying notes using funds other than your own money will take a broker's license federally if not required at the state level, Kansas doesn't have a broker's license but will have registration as a finance company depending on what you do.You'll find too that other business activities, like soliciting the public for loans or for investors can change the requirements.

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.