I ended up purchasing a 20 unit out of state with a partner in South Bend, Indiana, and we tried to self manage for a few months.

If you can self install easily, ducted hoods work so much better.Personally I'd skip the ceiling fan and get an 18" 2000-2500 lumen 4000k led light to save on long-term maintenance and provide better kitchen lighting $50 on amazon.

Hello, I'm in northern MN, and looking into getting into investing, and am looking for some advice.I'm looking at a 4 plex locally with 4 2b 1ba units.Cost is $160k, but I think it's worth closer to $180k.Yearly Rent is $26,760.I would use my heloc for down payment so basically financing the whole thing.Love the locationHas 1 lifer(been there 7 years) the current owner has not raised rent on in a while and I probably wouldn't either.Taxes are $3000Tenants pay electricAverage local income is $35K with average house price is $138,582.Seems like even @ $165k I'd be doing pretty well.I'd self manage, and fix issues, but from what I can see, there are not any pressing CapX's needed.Not sure on cost of heat yet.Any other info needed?

It takes some financial investment, but mail campaigns have been an effective tool to contact people who own property you would want, who share the characteristics of motivated sellers.

Both rented and positive cash flow.Subject Property:  Traditional detached SF property in NJPurchase amt 410k10% down (don't have funds to do 20% unfortunately)While I am confident in my mtge guy, for prudent measure I wanted to check w/ the BP community to confirm the following..Freddie:  'My income is too high' (Can certainly give figures, but not sure how to break it down.. 2017 salary + bonus; Rental income, 2018 salary formally approved and documented, but not effective until July; and 2018 bonus (which I have received already)FNMA:  'To get a second FNMA mtge, I need to put down 20%' (which I would like to do, but cannot come up with an extra 41k)FHA:  'My only option' (with the 1.75% upfront PMI and monthly PMI for life of the loan). 

I definitely needed more experience with the overall construction process and help to manage job sites effectively.2.

DONT BE SO CHEAP.Like, you can get a beer at the store for a dollar, but a Steel Reserve Malt liquor isn't gonna have the same effect as a great IIPA.

If a tenant does not respond to the renewal notice that is sent with a self addressed stamped envelope enclosed, can the rent cost still be increased ?  

I have been self employed since 2009 but not in the same field...but have had steady income. 

For my own knowledge, how are you currently marketing? Which form of marketing is working best for you? What are your response rates? Do you have any direct mail companies that you recommend?