People are different and not everyone has the same approach.

I've thought of looking up other properties for rent in town and asking them how long they have vacancies, but am not sure if that is a good approach (too straight-forward?).

* paying off the mortgage with the lowest balance created the greatest cashflow & brought all properties to a zero-balance fastest (mathematically, this is not always the case, and you could easily find a counter-example if the purchase prices are very far apart)I really want to learn how you're going to amass 15 properties!

Add that on to the management fee and you're approaching 20% of your GROSS revenue going away right off the top.

Two teens and two toddlers have created some significant wear and tear on the house.My initial approach was to get a HELOC of 15 or 20k to really spruce up my house to make it fetch more at resale.

But I will fix it if brought up and answer any questions!

Today I much prefer the turn key/rent-ready approach (as do my clients) because they're easier, less risky, and there are so many goods deals out there.$20k is very low - even in many of the more depressed markets which I would strongly question looking at, especially for your first investment.

Sounds like you can use one of several "creative" approaches.

I suppose there is value in a mass market, or "shotgun" approach to marketing, but you'd better have a big budget for it!

I like the targeted approach, only talking wholesaling nothing else.