What about for buying discounted performing paper with an effective high yield, seems that would be the easiest way to cash flow, assuming the paper was underwritten properly.

Be straight forward and honest and let them know you are doing research on what to expect and ask their advice on pitfalls to avoid getting started.Any other time spent worrying about market share is wasted energy in my opinion.

Yes, I changed my business model based on SAFE Act legislation and it's ripple effects on my state's foreclosure laws (and documentation, workout requirements, etc.)

ie - Divorce, bankruptcy, etc.I was thinking of launching an internet marketing campaign but I wanted to measure the pulse of the wholesaling community to see if its worth it.The cost of the probate leads is minimal because I get the leads and do the mailings myself.The bandit signs get pricey but pay for them selves 10 times over with one deal.I'm looking for a cost effective way to drive more leads into my pipeline so I can increase my deal flow.

.$100,800 Potential Gross annual income ($5,040) 5% Vacancy Factor - could be more ----------- $97,760 Effective Gross Income($26,400) Taxes, Ins, Water, Sewer($ 9,576) 10% Property Management($ 9,576) 10% Maintenance($ 1,000) Misc Fees, snow removal etc.------------$49,208 Net Operating Income$49,208 @ 8% Cap Rate = $615,100$49,208 @10% Cap Rate = $490,208$49,208 @12% Cap Rate = $410,066The numbers could slightly be skewed by higher/lower vacancy factor (5% is the lowest I would ever use).

I use several numbers and test each marketing campaign's effectiveness by using a different number for each marketing piece.Sometimes people responding to bandit signs prefer a toll free number because it generally indicates a company is behind it.

You are in what i call the "casino effect".

Will this have a negative effect on my credit report?

Other then that, we get into the ridiculous but effective, like smokin hot massage girls, free vegas trips WITH the smokin hot massage girls........... uhm, did I say smokin hot massage girls.

Hopefully I won't come off as a waste of time and I can find an experienced investor to show me the ropes and (MAYBE) even finance my first deal.Does this seem like a realistic way to get my foot in the door?