Like @Bob Malecki talks about.. there is a reason you get the nicer returns you need to be very smart about what you buy and know the laws inside out.As for tax advantages  owning a few mid priced rentals I don't believe throw off enough in tax advantages to make that a part of the equation.. if you own 50 to plus door then I see that.I personally see the Crowd funding when the new rules come into play as a huge option for the person who would consider getting started in RE with a low priced rental IE under 100k rental.

But, many smart people would choose otherwise.

It is smart to process applications in order received to avoid discrimination issues with fair housing.However, it may be worth noting - we consider COMPLETED applications in the order received.

She's pretty smart but this may be outside her scope. 

This is how we keep a less then 2% eviction rate on over 400 managed homes.Not saying all owners are like this, we get some very smart people that understand the power of leverage and use of teams like property managers, Lawyers, Agents, Lisc vendors all to make their business model run efficiently.

There are lots of very smart marketers out there who have posted online and on here.  

You're smart to be thinking about things like vacancy and rehab as those will always lead to bad months.  

The education, message and targeted smarts of these marketing campaigns with determine how many numbers have to tally up before you get a result.Keep on chugging along.Everything works.  

Either way, you are smart to give them a friendly reminder by phone or text at first, especially if they are new.  

I've been checking my list for sold properties each month, and it looks like it's smart to do so, and that I should plan on mailing these people until either the property's sold, or 'till they call me and say they don't wanna sell.