., but I am just trying to get a general idea of how people might approach lead generation using the monthly sheriff sales data.

I am close to qualifying for the hard money part to make the initial purchase, but am not quite there - also trying to keep my finances somewhat flexible. 

I am in full agreement of the people who recommend you refinance the property to a 30year mortgage to drop the mortgage and generate some cashflow. 

For initial 'go/no go' calculations I plug in about $1200-1400 for lower end homes (40-60K), and 1800-2400 for mid (around 100K). 

Which product type will generate you the most return on your investment. 

I've done it myself.Owning property isn't always about trying to generate rental income.

In my mind, it’s only worth what it currently generates today, minus deferred maintenance issues.

The loan I was offered seemed great initially but prepayment penalties & pre-compute interest made me feel uncomfortable about moving forward with it.

I generated a ton of Motivated seller leads.

You're just starting out, so just be happy you're building a positive track record and generating returns for your partners.Pay attention to the affect of the down payment size, holding time, and interest and points.