Obviously I understand I can't pick my tenants, but I'm talking in terms of picking my neighborhoods and properties, and setting rent.Does this sound like the right direction to be headed in?

The neighborhood isn't the best, but I could live their and feel safe enough.Here is a picture of one I am working on closing now.

I have subscribed to my local city legal newspaper and I am wondering if it is more effective to campaign to the people who have just had Lis Pendens filed or the records of the Foreclosure sale itself.

TALK TO PEOPLE about your business.Have you tried signs and newspaper ads.

I can also save money on ads and go to the Sec8 office and let them know of an available unit for rent and they'll place it on their available units list and I'll get calls 1-3 days later and have it rented in 3 days max without a newspaper ad.

July 1, 2008Local sheriff sale websites post sale prices.Local newspapers post area sales in central Ohio.Some auditor websites have comparable sales data.Check with local real estate investing clubs.Perhaps local investors will share their information on recent deals.Ohio has alot of reo opportunities.

But, how did you choose the neighborhoods?

Are there no comps in that neighborhood because none of the other houses are that big?

Where I'm at, because of a very few but very notorious slumlords, neighborhood groups are up in arms against _all_ landlords and pressuring the city for landlord registration, huge landlord fines for TENANT violations, and so on.If you're not a slumlord, great; you'll probably beat this (unless you're in one of the socialist republics, and if you are - stop investing there).

Look at newspaper ads, craigslist, and call for-rent signs in the same area.Around here a decent 2 BR SFR will rent for about $800 on either side of town.