Just be really careful here. 7% is NOT a good rate for this deal at all, and youre going to have to generate a massive amount of gross income each month to stay solvent.

For those who hire virtual assistants, have they helped you generate more income?

If I get any decent leads in Houston/Austin I’ll reach out!

We have used companies like InfoUSA and other list generation sources in the past, but found that we had a hard time finding the owner directly and ended up speaking to a lot of property managers etc. which wasn't particularly effective.Does anyone have any ideas of companies or processes we can employ to help us identify properties and then get in touch with the true owners of the building?

The heat exchangers fail most frequently on the propane boilers due to the high acidity, low temperatures the propane condensing units run at, my friend who owns a 3rd Generation heating/plumbing company doubts those units will ever come close to outlasting a traditional 3 pass boiler.Agree the pros of having a propane boiler/furnace-fuel is cleaner, services tend to be cheaper, tanks can be bought or fuel company can supply tank, work great if you also have a tankless hot water heater with same fuel source.Efficiency of Maine does offer rebates as well for the high efficiency units, they don't mention this but, if you insulate all baseboard piping that is exposed in the basement, take photos and have a high efficiency oil boiler they will qualify as the same rebate as the propane unit.

What do you guys use to find information on probate leads??

From all the reading material and bigger pockets podcast I've come to the conclusion that acquiring leads and learning rehab cost is fundamental to most real estate investing vehicles.

You as a flipper put out a good product and you’ll still get top dollar.As Jay has stated the new strategy seems to be shifting from list price is set below market to generate foot traffic for multiple bids and revert back to pricing it to market or slightly above for concessions as it’s slowly shifting to buyers market.But I agree, don’t expect insane triple digit net margins anymore.

Those are the people that I think will either validate or make you re-evaluate your calculations.Try not to make pleasing the seller an issue with financing, If you go trying to support a 10 year mortgage when you don't have the financial cushion set aside or cash flow generated for repairs, CAPX, evictions etc. 

Sounds like your "lurking" has lead you to a pretty solid strategy for your REI career.I don't have many regrets in my REI journey, but if I could do it over, I would house hack early and often, just like you're planning.