As far as the FSBO I subscribe to a service called beenverified . com to find current address, emails and phone numbers of people 

I also look at straight ROI - as this includes debt servicing whereas the Cap Rate does not.  

I'm currently still active duty military, and my goal is to get my real estate business firmly established in the next four year so that when I get out of the service I don't have to apply for jobs unless I really want to (probably not).

It is another term for the Cash on Cash ROI on an all cash deal.The $12,000 NOI is not the return, it is the cash flow produced by the asset before debt service.

Years ago I had a tenant sign a lease but ask if he could hold off paying the security deposit/rent until the 1st of the month when he formally moved down here (he was visiting his daughter at the time) and received his disability check.This guy was an older, 100 percent service connected veteran.  

The seller will only deal through the agent unless your name was reserved in the agreement before it was listed.

Hi Joe,But then again there are those that do manage across the great East / West divide ;).I have been working with a PM for the past two years and quite happy with their services.

I had funds for a hard money lender in a week, where my conventional loan wanted pictures of the property, reserves in the bank for inspection issues, appraisal....we went with the hard money lender not to lose out on the deal and offered some rehab money.

Craigslist(Search)Look through the "Real Estate Services" section for cash buyers.   

I know it has been called a little/ no money down investement route but I believe that is more to do with marketting costs.The gurus have explained the steps in details such as qualify a TB, but in order to do so don't I have to go a mortgage broker and ask them to carry out the required checks..surely that carries a cost..I would like to understand from someone who has experience the followingwhich professionals need to carry out each stage for both the TB and the seller documentswhat are the ball park prices I need to expect for these services.