Now though, he said he would highly recommend the more thorough heat treatment method at a cost of  $1250. 

It's older so needs constant work and problems.The 200k property instead of the bad parts of Atlanta the quality areas you spend more but tend to get better rent growth over time and equity growth.

So I find that when I evaluate properties according to the BiggerPockets method, including CapEx monthly, including 5% of gross rents for repairs and maintanence, including 10% for property managers, etc, NO property passes any test.  1% rule, 50% rule, or even being positive cash flow.  

They tend to be the only game in town.Conversely properties 3,4,5 million and up are in stronger suburban to to urban core markets where many different types of lenders compete against each other to loan on higher quality assets and better located properties. 

There are  great resources like BP here and many others that have good quality information either for free or very inexpensively.Mentoring is different.

Well, direct mail and bandit signs both cost MONEY; whereas cold calling is free of expense other than TIME... and if you are targeting the right persons to call, it should not be too long before you stumble across a deal that then gives you some money to add other methods.

The fact the company stayed on for 6-months after the sale shows they are at least somewhat concerned with the quality of their product. 

I have been trying several different methods of acquiring properties in Myrtle Beach, SC but nothing is really bringing in deals at a consistent pace.

It's cool.So you get high quality leads or subscribers coming to you.

I remember Robert Leonard saying that he uses that method to access the equity for additional funds to renovate a property.Jeff V