For more than 20 years, most of my father’s investments are like this ... buy a large chunk of land for $100 per acre, subdivide it into 40 acre tracts (extremely low development and holding costs with No Babysitting) and then sell the 40 acres for $25,000 ... this is $625 per acre.My father generates his sales leads from cheap print advertising and the Internet. 100 percent of my sales leads come from my websites.

Many new knock-offs are coming on line from other Internet marketers.Although the CRM aspect is nice, the real motive for dropping the entry barrier and having as many users in the system is all about deal flow; that is, "arbitrage".For every FreedomSoft deal closed, a couple of points on the spread is earned as a management fee.There's nothing wrong with that, per say.

Plus there's all the utilities that need to go in (Electric, gas, sewer, phone/internet, etc.)

- I have a good Internet Guy (who owes me BIG lol), and I know I could back fill with ODESK help.But I would really LOVE to get some input as to effectiveness, cost, management issues, best practices/resources, etc.I have enough RE contacts, that I could even refer "bad leads" (those that don't fit what I need), to RE agents, Mort Broker, RE Atty, BK Atty.

I wish all of the tenants would use it but some of the older ones are afraid of the Internet.

After moving here to Georgia I still dabbled in real estate as loan originator and then started my own marketing company that specializes in internet marketing & website design.

You can always call up the local chamber of commerce, REIA club etc. for referrals.It's a lot easier to call your good friend "Bob" (the handyman) at 3 in the morning for a plugged toilet, rather than randomly picking out a name and phone number from the internet.

Dawn A.Another thing I've seen recently is that there are no interior photos because the TENANT won't allow it because they have some nice stuff and don't want burglars cruising the real estate internet sites for possible break in candidates.

Even more points if you have ones that can be monitored remotely via the internet.

Depending upon your state, using a broker or HML will enable you to be a note or pool investor without having to become licensed -- an entirely different discussion but something you should consider.Also, with regard to your question about investing locally, since you posted you have money to lend, if it hasn’t happened already, be careful of all the anonymous internet solicitations you’ll now receive from those happy to borrow it.