Chris hits it on the head, treat them as your partner with respect and not as someone who is out to rip you off every chance they get, this will make for a better relationship and jobs go much more smoothly that way.

If I hit each address three times a year and my piece costs $.50, I'd be spending $12K on marketing for a year for this farm.

It just hit the market for $250K and will cash flow over $1000 a month with 20% down.

Assuming the market stays essentially flat for the next decade, I am thinking I will look at the mortgage and determine when the house will hit 25% equity, and agree to get the owner off the note around that time (25% EQ + 6-12 months cushion).

That may not be the most cost effective and cash flow efficient mindset, but that's where I'm comfortable with starting for now.

What type of deals are you buying now that you've hit the 4 homes - do you have a bank that will work with you?

Turns out the roof was hit. $2,400 to replace.

The guy just hit the jackpot.

Well I'm going to hit the pavement running.

Face to face interaction is actually my preferred method of dealing with customers, clients, etc.I am new to the real estate business in regards to investing, but I have spent a few years negotiating bank terms and rates on the behalf of owners.My business partner has experience in real estate as a landlord/owner.We are looking for lead sources and marketing strategies to maximize our efficiency as we setup shop.