Most investors would choose a SFR over a condo but it is important to take into consideration the location, demand, population, and, most importantly do a investment property analysis on each target poroperty to determine potential profit.

Target goal is 1500 gross by 2013.

From there you can now track down **targeted leads that you already have buyers for.

One thing I might suggest here is to target properties with small amounts of rehab first. 

If seller financing is your only finance option, I recommend targeting owners who are open to it rather than targeting conventional sellers and trying to convince them.

I'm targeting between 12-20% ROI.  

I always target an all-in cost of 70% of your ARV.  

I targeted a lower value home because I thought that if I made a mistake at least it would be a small mistake. 

Effectively, you discuss with your outside partner what their target return is and ensure that they get paid out their portion + target return at the refinance/sale/close/etc.

But if you focus on getting the systems and processes down and building them around your target market things should work out.