Likely 99%+ of the recipients won't be interested in selling at the moment (and with a list that large, some of the data is invariably wrong or has changed since collection), but if you can stay in their mind for when they are ready to move forward with something, it's potentially worthwhile.If you've collected their data, likely someone else already has (or will soon), so differentiate and show your value. 

OK from me someone who has been funding cash flow props in the mid west and specifically Ohio for a few decades.. 50k houses are in the worst neighborhoods of any city in Ohio and cant be fully turn key.. other than some very small little rural towns this might work.. but if its any of the bigger MSA's  Cleveland Cinncy Columbus ( here come the Columbus agents :) who in my mind pretty straight shooters) Dayton Toledo etc..

Hi Cody, Continue to network with like minded individuals in your local area as well in the BP community.

It would be beneficial for your future bookkeeper to have these expectations in mind where they reconcile the monthly statements and then just immediately send you a trial balance for approval. 

Keep in mind, you can only host open houses for listings within your brokerage. and if you go to other agent's open houses and start soliciting the patrons for business, the agent/host will not take kindly to it :) 

Thanks for sharing that and I may borrow your saying on occasion, if you don't mind!

Keep in mind, if you sell FSBO, you are responsible for every aspect and dollar spent trying to find a buyer.

Also do keep in mind that unless it gets renewed, 2025 will be the last year that a taxpayer is able to take advantage of QBID as it was included as part of the TCJA from 2017.

I would've probably broken even, and in my mind it wouldn't be worth the 100+ hours of work in between.

Stay flexible and open-minded as real estate investing requires patience and adaptability to changing market conditions.