I know it has probably been stated on bigger pockets before, but I think a thread that is specifically dedicated to that will shed a great light on marketing as a whole.How do you market and who are you targeting?

If you have to replace an air conditioner ($3,500), you're looking at dedicating 6 months rent to paying that off.

We have a dedicated GIS system to do our acquisitions so it's hard to factor in how much that costs us over time but I would say a campaign for 500 sites would run on average:$1500 for good direct mail$0-$5000/month for GIS Software + easy access to ownership information~20-40 hours of research - $400-$800 ( you could do this yourself)Total Cost: $1500-$7300For our purposes, we would also have to factor in data that we buy which over the course of a year might add $1,000 or so to each campaign.

My goal at that point would be to turn it into a sober living and put bunk beds in 5 rooms with 1 room dedicated to a pr

I have often fantasized about climbing the real estate ladder from the ground up through sweat, dedication and tenacity.

But the wall oven is going to have a dedicated 220v circuit going directly to the breaker box, so the wire may be easily identifiable if it were run, lets say, up into the attic.

Hey Elisha,We've got one bank account that is dedicated to our rental business.

This will help you dedicate a time every day to work towards your Real Estate goals.Good luck and happy investing! 

There are some really great podcasts out there dedicated to multifamily investing.

Down size, adjust to a frugal life style, pay off all bad debt...credit cards and student loans, sell the cars and buy affordable vehicles with cash.With a income of 180K /year this should be easy to achieve in a reasonably short period of time if you are dedicated to your goals.