Purchase price: $375,000 Cash invested: $15,000 Duplex in the gentrifying area East of Downtown Los Angeles which is still an excellent place to invest What made you interested in investing in this type of deal?

You're an excellent teacher.  

Wow that’s an excellent explanation thank you very much!  

The point that I need the net presence credibility is a good one.

@Daniel Jost  I've read multiple reports of CC issuers denying all new business applications, even to people with excellent credit. 

It is still part of their advertising as of today.I personally think the Wink 2 was an excellent hub with a good interface.

You need sytems to capture leads and follow up and you need a professional presence across all mediums as people will look you up to verify credibility.  

The Birddog sent them in an excel sheet.

You offload all the maintenance on your tenant/buyer and basically just keep the spread acting as a middle man between two groups of people who have money trouble.The rock star version of this is you do it with nice $300,000+ single family houses and sell them for 20% above fair market value (sale for $365,000 or more) to people who have excellent income but crappy credit, so they're willing to overpay and bet on an appreciating market so they don't mind as much being skinned alive on both the above market rent and above market sale price.Like I said....somewhat dubious morality here, but legal in many states. 

Its all crap.Get your leads by sending motivated traffic to a very credible website and do it the right way.