It sounds like you've got a plan with this property and for the next; how do you find most of your leads?

I would recommend pulling list from sources like ListSource and myreipro are a good website for sourcing leads as well.

We pay for our license, continuing education, NAR membership, state and local Realtor board membership, MLS, E&O, marketing, lead generation, websites, desk fees, gas, etc.And if you're thinking that we're making a killing on our commission, don't forget that on a 5% deal, that is commonly split 50/50 between the listing and selling office. 

There is also a ton of misinformation that will lead someone down the wrong path.  

January's goal is to nail down a good title company, have a lawyer to go over the buyer/seller contract that I found on BP for correctness, and nail down at least 10 leads to action.

How do probate attorneys pick up the leads?

If you keep on thinking about probable recession, it may lead to paralysis of analysis scenariors and you may never start investing.Ans you dont need 10 cap rate but probably a 15% ROI to get your net 4k a month unless you have lump sum of 25k as a cushion for emergencies

My Listing:Rent: $1,375Sq Ft: 948Makeup: 2/2; very large backyardMid-high level rehab (stainless appliances, refinished cabinets and countertops, laminate throughout, updated fixtures)Listing Channels:My listing can be found  here on zillow.It has been posted for 11 daysThe channels:ZillowRealtor.comTruliaHotpadsApartments.comCraigslistFacebookForrentListing Performance:20+ leads on Facebook19+ - no responses to request for pre-screen call1 qualified - did not show up to showing time2 leads on Craiglist2 qualified - both interested, but did not meet timeline1 lead on realtor.com No response to request for pre-screen call8 views on zillow.com - ranking 2/8 in zip codeNo applications yetMy questions:Should I take better photos?

In this game, you need to monetize absolutely every lead to the max.

By Feb. 2018, a local bank employee gave me a lead on a local investor, so I reached out and offered to pay for his lunch.