Bill Financeexaminer, that is one of the issues I am having here in illinois, finding suitable cost effective land in my area is pretty difficult.

Ludmila:I presume you have calculated what it will cost you to make this property rent-ready and know the market rent for the area.With these two numbers and your "opportunity cost" you can calculate the maximum you could pay for the house and still have it make a suitable return.Where does that number lay in relation to the Vendor's asking price?  

Personally, I plan on doing direct mail, ads and PPC to drive phone calls and visitors to my website.

They use their star power, as you said, to attract all sorts of folks that know nothing about the risks and they attempt to sanitize the business by making it appear to be an auction suitable for the uninformed. 

There have been only 2 applications and 11 visitors.

when Grandparents visit, or you have to drive your kids friends, etc...#3 safer for kids - sliding doors are a godsend when parking.  

The numbers look comparable, and the properties and neighborhoods look nice from google maps, and neighborhood scout reports didn't turn up red flags on either.Anyone familiar with either or both areas that can comment on suitability for rental potential?

I want to use all marketing forms that I feel will be suitable for me and my business.

@Justin Tahilramani - I'm thinking that is what we will do next time is put something more suitable to his needs in there.Does anyone know, is it our responsibility to keep replacing them(I'm assuming so)? 

my two cents: stage the house. if you were going to sell your car, taking out $20 to clean it and shine up the interior will increase it's price. the same for real estate, the exterior and look will drive up price as opposed to say an old HVAC system which won't drive down the cost as much if visitors love rhe way your kitchen set up looks like.other thought is to remember and to me more importantly than whether or not to stage your house, this is your business. everyone i've talked to says real estate investing starts out making so much sense theoretically then becomes a huge pain UNTIL they have networked enough to find themselves surrounded by the right team. there are parts of this business you rightly will want to outsource because professionals in those fields can do it better and more efficiently than you. in this case it looks like you need to take charge of your business and hire a better real estate agent and hire out the parts you need to get the deal dine including getting a professional stager.in my opinion (without knowing any other facts), those people who aren't submitting offers not because of the price so dropping your price may not make a difference. something else is going on there.