We ordered pizza to be delivered.

My rentals are in Southern NH so although I have no specific knowledge of Central Maine, I know enough about Maine to understand there is a culture difference.I would try this: next time you have a vacancy, place an ad on Craigslist (you'll have to repost with a different title every few days to keep it fresh) and place an ad in your local paper or free classified Pennysaver type of paper.

Some want lots of cash flow, some want tax shelters, some want possible appreciation and are happy to break even on cash flow (or even lose money) waiting for that to happen, some want a "home run" deal every time, etc.You need to ask your buyers what they want and then deliver that.

Would I be better served making a few acquisitions with my own personal resources to build up a track record so to speak that I can deliver the returns needed to satisfy passive investor requirements before seeking outside investors?

I personally cannot conceive the idea of being sold a system at such a high dollar value that will deliver success to the masses.

I have failed at mailing the rent check to the landlord once, a certified mail was sent back, I was unable to hand deliver cash on a Saturday morning, a alternate mail box has been unsuccessful as well.

I'm having a hard time deciding if this guy is overpriced or appropriately priced.It looks like he's selling very close to his comps - but you are getting a freshly rehabbed property.

- Keep a solid day job- Your property reserve should be monthly expense of at least $50 per property- Vacancy makes me sick- I'm never sick- Personally manage properties- Good record keeping- Own other assets- Recycle your capital and buy more assets- Professional tax returns- Buy Adobe, all your documents like loan applications should be typed, do not hand write them and look like your in grade school, report cards do not exist, financial statements are what matters- Go above and beyond delivering any request a bank might have quickly, neatly and in person- Provide more information to the banks that will make you look attractive- Buy sees candy for the receptionist- When your rejected by one bank call 5 more- Question everything, most of the time frontline bankers have there head up ... so question stuff and get to the decision makers- Document your repairs and buy a binding machine to present portfolios to the bank and impress the crap out of them- When you deliver items to the bank keep them simple.

What I have concluded that makes the difference is a combination of buying at a great discount AND that your rehab leaves the home looking "fresh" and "modern" so that your home is the best looking one in the area it sits.

No mailbox or physical address where mail can be delivered??