Quality/consistency of cash flow should also be considered, not just quantity.

Performing notes are for making rich people richer as it requires money to invest and it pays a consistent 12%.  

Even REO properties that come outwith the ask priceat distressed price get bid up to close to market.Unfortunately, I've never been able to find a real wholesaler in Central PA that consistently finds below market SFR.

A team that consists of Property Manager, Title Co, Attorney(some states), Contractor, Wholesaler(s), Agents & Lender(most important)  Go in and get pre-qualified for a mortgage which will tell you where you can look and what your budget will be.  

It consists of 4 individual buildings (3 duplexes and a 4-plex)  We had to insure each building separately with each carrying it's own policy.  

If you have debt that still in process of being paid make a payment plan and once you've been paying consistently then ask for the good faith adjustment.

My list is small and consists of about 350 addresses.I am taking the following approach:-Hand written addressed envelope (blue pen).

Just like there is no statutory holding period, there is also no statutory requirement for consistent annual income.  

I'm close by in Staten Island NY but the market here is very difficult to get anything more then 5% cap so I'm looking for cash flow close by and I find these areas most cash flow desirable..Does anyone have any does or don't that has dealt in this area?

I'm located on Long Island NY but I'm not opposed in investing else where.