Im still dialing that aspect of my business in.

So I'd focus on that aspect of it, talking to PM's, and other investors about their experiences with tenants at various rent price points. 

MICs now play an increasingly important role in catering to underserved niches because the new regulatory environment has created many gaps for borrowers.Not only has the MIC sector grown in size in the last five years, but it has also evolved from being a minor player in the market to becoming far more established and professionally run with significant investment in infrastructure and technology, and improved regulatory compliance.

Chris,If you are looking for properties in a flood zone there is another insurance aspect you need to check on. 

I bring technological expertise, asset management experience (managed multi-billion dollar portfolio of agency mortgages for several years), and access to deep capital on both coasts.

As I see it, there are four different aspects to a flip; locating, purchasing, renovating, selling.

@Ceary Williams Some of the critical aspects of direct-mail marketing is having: (1) a script when they call; (2) a follow-up system; (3) a system to take voicemail / record the number if you're unavailable at the initial call.  

The appreciation aspect is nice and all but I made this decision based on the fact that it will cash flow above all else. 

So now you've gone thru the "cosmetics" Kitchen remodel/bath remodel/opening up the floor (and don't forget the cost of the "supporting beams") , new flooring, paint, smooth ceilings; don't neglect the structural aspect and exterior - electrical upgrade?

But it's rare for people to succeed without both aspects working together.