I will have my website up next week, social media and then following that up with a direct mail marketing campaign.  

Also depending on what home you buy there are a few variable restrictions that can apply.

@Ryan Provost That model is effective, but due to refi seasoning requirements, your pace can be restricted if you are trying to move too fast.And last but not least, welcome to BP.

I'm just saying that you could take $1000 and do one direct mail campaign to absentee owners with at least 60% equity in any area you want to invest in, and basically find a few of those easy. 

It has everything you want to know about executing a direct mail campaign. 

Arlington is a great rental market, so you don't need to go far to start your search, though I wouldn't restrict it to Arlington.I'm both a REALTOR and a wholesaler/investor, let me know if I can assist you in finding suitable rental properties.

They need to make more money than you do, for this to work.This is how you set your purchase price long before you send out a direct mail campaign or whatever method of sourcing you choose.In this situation you never ask yourself if you are doing the right thing or making a mistake.

They may have new setback, zoning and height restrictions, etc.  

But again, the association may restrict who can live there.

You need to do all this while continuing your marketing campaigns as well.