Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

While I am focusing on getting more familiar with the techniques and terms, there seems to me to be some realistic expectations you must have based on your home market, and the prices in that area.This leaves me with 3 options as I see it.1)   Continue to save more initial capital to meet the realistic barrier to entry- and stick in my home market.2) Entertain starting in different markets where the barrier to entry would vary significantly and therefore potentially require less initial capital.3) Attempt to creatively finance and stick in my home market.I guess what I am wondering is if anyone has any experience going the route of option 2?

I have listed some helpful recommendations for you:Meet BiggerPockets member in your area:http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you:http://www.biggerpockets.com/alertsRead Beginner’s Guide:http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts:http://www.biggerpockets.com/renewsblog/category/podcast/Find upcoming real estate events: https://www.biggerpockets.com/forums/521-events-and-happeningsForum and Blog rules: https://www.biggerpockets.com/rulesIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person.

I have listed some helpful recommendations for you:Meet BiggerPockets member in your area:http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you:http://www.biggerpockets.com/alertsRead Beginner’s Guide:http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts:http://www.biggerpockets.com/renewsblog/category/podcast/Find upcoming real estate events: https://www.biggerpockets.com/forums/521-events-and-happeningsForum and Blog rules: https://www.biggerpockets.com/rulesIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person.

They even assign categories on their invoices to help streamline your A/P entry coding.

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The Replacement Cost varies based on the location.  

Now you'll notice rentals vary between NY and Philly is only $200 or less, but comparable property values varies by $100K.

Yellow letter: 1-2%Postcard: .5-1%Professional Letter: Vary you'll get a higher response rate that doesn't always translate into motivation though. 

The court also may order the landlord to abate (stop or eliminate) a nuisance and to repair any substandard condition which significantly affects the health and safety of the tenant.121 For example, a court could order a landlord to repair a leaky roof, and could retain jurisdiction over the case until the roof is fixed.In order for a tenant to win such a lawsuit against the landlord, all of the following conditions must be met:122• The rental unit must have serious habitability defects — that is, it must substantially lack any of the minimum requirements for habitability listed in the eight categories on page 24.• A housing inspector must inspect the premises, and must notify the landlord or the landlord’s agent, in writing, of the landlord’s obligation to repair the substandard conditions.• The substandard conditions must continue to exist for more than 60 days after the housing inspector issued the written notice, and the landlord must not have “good cause” for failing to make the repairs.• The substandard conditions were not caused by the tenant or the tenant’s family, guests, or pets.In addition to recovering money damages, the party who wins the lawsuit is entitled to recover his or her costs of bringing the suit (for example, court filing fees), plus reasonable attorney’s fees as awarded by the court.123Before filing this kind of lawsuit, the tenant should take all of these basic steps:• The tenant should notify the landlord in writing about the conditions that require repair.