Any of these solid cash flow markets will yield a 6-8% cash on cash return which would provide $35k-$40k cash at the bare minimum.Another thought may be to purchase a couple 2-4 units in a market like Columbus, OH. 

As far as building the actually list or lead generation I would consider doing this by going to Investor events in your local town ( Belly to belly) There is nothing better then getting face to face with a prospect.

When you raise their rent to market you will then face another tenant turn over and vacancy.At most offer a $100 reduced rent only for the first month not the term of the lease.

I am very selective and I try to meet the owners face to face before telling them what I'm doing.

I've been driving for dollars for a few months and that has taken me all the way to a face to face appointment at a property.

Whenever possible, I try to limit technology to the bare minimum.

One thing I have learned is that consistency is extremely important, especially in face of adversity and challenges.

For now you should hire a PM and a lawyer to manage your business..I am not aware of any regulations baring you from terminating a lease at any time of year.

I’m still in the learning phase so I’m of course being inundated by lots of information.I’m a little shame-faced to admit that I jumped the gun and believed the hype about forming a Nevada LLC a few months ago.

It feels like they're avoiding contact with me because I've inherited them and they're skirting communication so as to not have to face eviction / non-renewal.