It would be time consuming, but getting the right fit is (as you've discovered) very valuable. 

It’s very time consuming going through guys and takes experience in how to ask the right questions and weed out tons of other calls.

I do fewer bigger deals so I can afford to outsource and not have the overhead cost. 

.:   My followup question:   With the 2018 tax law changes, if the refinanced capital pulled out were used for some consumer/non-investment purposes, then is the interest expense on the new loan still tax deductible against the property's income?   

Once your first property is tight with good tenants, less deferred maintenance, and fewer possible capital improvements needed after addressing major needs, month to month activity is typically minimal.

And that % has also gotten worse, coupled with the fewer initial inquiries.Like @John Underwood mentioned, FB Marketplace seems to be the next big thing. 

Better than a 50% chance that long term consumer debt (eg, mortgage) rates will go up should the fed announce that short term interbank debt (eg, the "fed rate") is going down.

Basically, the expectation that a purely retail FTHB "American Consumer" is going to just find something on the MLS at full retail market price, find a GC and pay the full retail market price for their services, full retail price for all materials, and all that, is completely out of whack.

If not, you may be faced with the economic reality of a real estate shortage in many areas, that will cause properties in foreclosure to be sold at or very near market rate if they get to the auction block.Yes, foreclosure "deals" (preforeclosure, etc.) are still out there but there is less meat on the bone than there was in previous markets and, there are many other players working those fewer deals that are left, that have been doing it longer, and have deeper pockets.

Literally economies of scale to your benefit it doesn't scale in lending, most banks will lend easily on large MF, but there are fewer who will do a portfolio loans.