Buy all cash and repair, get tenants in them and then do a cash-out refinance with a conventional lender to get my cash back.My market has been consistent with values of housing and rental market but has recently gotten much hotter as we are seeing some effects of an oil boom that is happening about 45 miles west of us.

What you lack in capital and experience you can definitely make up for passion and consistent drive.

Furthermore, collecting those rents may or may not be consistent, so the numbers could be more theoretical than real life.  

Without getting into the technical specifics (I co-founded a digital marketing agency) create good quality content, do it often, make sure you're website has a good user experience, and is consistently visible throughout the rest of the web (like on Google Maps and Yelp).There's a lot more that can be done but those details are usually more technical and best left to the people that do that day in and day out.

I never visited that area but know and visited near that area, i know that the area is a moderate to high crime area. and i also know that for that area they do maintain consistent blue collar/factory type jobs. so as a rental area i think from what i have learned thus far, is that this is a good rental area barring the crime. where i choked was the distance, and started thinking how will i maintain it from a distance.my questions i guess would be. those who have experienced similar situations what did you do?

It sounds like the landlord has traded the incremental rent for the consistency of tenants and extremely low turnover.

With Craigslist, you have to consistently post between 10 and 2 every day for a couple of days.  

However, after our monthly expenses, we do not have a budget (Mailers/ Adwords) to be competitive with the 1,000s of other people trying to do it in almost every market.Because she is the only W2 employee, with bad credit, and I do not have 2 years of consistent income as an independent contractor, it makes it very hard to get approved for anything.

Just a rule that I go by;   If I win every bid, I am bidding too much.If I lose every bid, I am not aggressive enoughYou need to be consistent and believe in your analysis.  

. - it does take time, maybe I got lucky with this one..I looked at several applicants and spoke with them to really see what's their life schedule consist of and see if they could actually carry out my task.