But even a below average real estate investment may be a good decision if it's better than the alternative, and gets you started.  

It seems as if sending the same mailed envelope, with the same return address over-and-over is a quick way to get your mail thrown in the trash, whereas switching-it-up with perhaps a postcard/letter alternating situation might increase your chances of getting your mailings read... 

@Dawn Anastasi  and what Marie and I are saying is that service is worth 7500.... my clients that do this charge 5 to 7500  depending on the volume they get... and its an alternative to turn key for sure.. if your happy making much less then that's OK also.. its a free market you can charge whatever you want to ...

I am needing some help finding alternative financing options, I know my credit will not allow me to purchase the property conventionally so that option is out of the question. 

All you need is a little understanding of the technique, a RE lawyer, and a motivated seller. 

What type of marketing techniques are best to find renters?

.- a quick glance at the numbers - you won't create enough positive cash flow (might not create any at all) from the property to help close any gaps, so the money to do the above options will have to come from somewhere else.A few alternatives to consider:- negotiate a longer balloon period, ideally 3 or more years out as that buys you some time and breathing space.  

Honestly, you might find good deals here or there on CL, but I wouldn't count on it as a replacement for many of the other more reliable deal finding techniques. 

If so, find an area which it is not or alternative source of inventory.You need to know who you are playing against.Alternatively you can try to be REO agent yourself to get deals.  

This technique worked really well for a friend that was looking to invest in a multi-family.