There are apps that do it all for you, like DealMachine.

@Kevin Orellana do you like the asset; is it in a neighborhood that you are proud to own it, do you see it continuing to be a desirable place to live? 

Let them do their inspection and appraisal.

Hello Hunter, does your local MLS not allow you to syndicate your rental listing to all those site? 

What price range do you want to be in?  

@Michael Koski BP has a link for finding someone for those "long walks on the beach", https://www.biggerpockets.com/blog/2015-04-01-biggerpockets-love-dating-site-real-estate-entrepreneursIf you'd like to chat about Detroit, DM us:)

You will have a pipeline.If you cannot do 5000 letters a month, do what you can whether its 3000 or 2000.When you're doing a small volume of mailers like 2000, I would make sure your list is actually big enough.   

Try to do at least 100 calls a day.

How often do tenants on month to month need to resign lease?

Mike licensed Mortgage lender who can do residential owner occ loans is what a RMLO is.they are tough to find because most work for a broker that will not allow one offs.. when I was current with my RMLO license I thought about setting up for this business but too much work for to little money.RMLO needs to be a state licensed mortgage lender and NMLS registered to do owner occ loans.