@Justin Eaton runs them and they’ve been great times to learn and get boots on the ground stories. 

I financed the best one conventionally at the highest appraised price possible, then had them carry the others at a comparable discount using some of the loan money as DPs on the seller financed properties.  

I'm a numbers person, so my strategy would be to create multiple scenarios and compare them side by side, looking at how long and how much it will take to move you closer to your goal.

Visualize digging your fingers in the ground, it grabs hold.

To quickly evaluate a a deal where there is no asking price, I usually look at capex required, adjust the property taxes (based on comparable sales) and perhaps play around with the vacancy and reserves.Is there anything I am missing?

The BP calculators are a great resource as well as looking at comparable rents in your area.

plus I would have boots on the ground or you go to the park and actually count all the occupied homes, count all the seamingly vacant homes, and then add up the rent to see if that is what matches up with what the seller is saying to you. 

(g) Building, grounds, appurtenances and all other areas under the landlord’s control at the time of the commencement of the tenancy in every part clean, sanitary and reasonably free from all accumulations of debris, filth, rubbish, garbage, rodents, insects and vermin.

HELOC generally with low closing cost or no closing cost but interest rate is higher compare to cash out.

If you have not, what would make you consider switching to this model compared to a more classic rental or Airbnb?