I have the best luck with a simple postcard with my phone number all over it with a clear message about buying houses. go big printing dot com has many great designs.

I am an investor-friendly real estate agent based out of Denver, CO. 

I estimate the cost to be about $200,000 based on no hard data but the DSLD house that I bought cost $270,000. 

Hi Kesete,Like others have stated, a DSCR cash out refinance should allow you to qualify based off of Rent/PITI and your FICO.

Hi Preston - I'm a property manager based in Central Jersey (Hamilton) but I manage properties in Willingboro, Gloucester, Lumberton, etc.

There are huge numbers of jobs here that pay $25 an hour, which based off a 40 hour work week, make tenants qualified for a $1,350 a month apartment.

Remember, prices are very geocentric--they can vary greatly based on location, especially for labor.

I could see a scenario where if it's based on individuals who "own" stake in a home, the numbers could be skewed upward based on multiple people buying homes together to solve the affordability issue. 1 Home, 5 Homeowners type of thing. 

Based on the East Coast, so investing in rental property isn't feasible here.

I feel like people lean more towards the possible cash flow and turn a blind eye to the risks and reality of owning a D property (not saying this one was) when it is 1,000 miles away and they only have to take phone calls from a third party about any issues.