I'd suggest a safe flip that will generate $20k or so in profits and then do a rental, then a flip, and so on.

For me, my cost of doing business before lead generation is just under $300 a month - that's broker, MLS, local/state/national REALTOR associations, and digital lock boxes. 

@Al PatThis question is not that easy to answer as it was before.Basically you want to see if your entity should be taxed as an S-corp or as a Partnership.1) It depends on what your joint income level are2) It depends on what activity the entity is doing(Buy and hold or flipping/contractor work)3) It depends on the income that will be generated by the entityS-Corp can potentially save on Self-employment taxes. it will require the filing of an S-corp return.

Honestly, if you have $60k in equity, it would probably be smart to sell the property and use that $60k to actually generate a return somewhere.

Just turned 30, finally grew my portfolio to officially 12 units (Just under $2 million worth) generating a healthy avg. 13-15% cap-rate on each unit with traditional financing over the span of the last 4 years. 

I really need some help with lead generations.

But, there are quite a number of lenders that will also generate HELOCs against investment property. 

Use it to further develop your lead generation systems.  

It’s simply a matter of generating motivated seller leads at scale, building a team to handle the lead and deal flow and build a buyers list to move the deals.  

Can they pay for themselves or generate real profit?