I found that probate properties were the most effective and promising way to get valuable leads, but its very difficult to mail out to people in a very large scale because you're hand writing down leads from the court house.If you don't mind me asking Jackie, where would I be able to find these code violation properties?

This appears to further illustrate the point mentioned in other threads every day. 

@Brandon TurnerDid I miss something, what are these logos appearing on people's posts?

From a surface view it would appear there are "no rentals available in the area" (therefore, little or no economic opportunity for rentals) Investment homes in these areas are leased quickly, with multiple applications at elevated rental rates.

I would put it in the tenant's court.

Ft built in 1983 and the asking price is 135KMonthly Rents: $ 2,475  Annual Rents $ 29,700 Annual Vacancy 4.0% $ (1,188)  Annual Expenses 55.3% $ (16,418)  New Taxes 1.25% $ (1,682) Annual Mortgage Payments $ (6,338) this is a unit in a condo, the condo complex has tennis courts, swimming pool, community laundry room, and security gate (i'm workign on the comps with a realtor)Does that look like an attractive deal finacially?

-use a note collection company like www.notecollection.com-get on the original insurance as a loss payee`````````````````````````````````````````When you give an option to a renter, many court judges look at that as a financing arrangement, and California is a pro tenant state.  

I hope you don't have to go court, but be ready and protect your legal standing.

It appears to be a comprehensive resource.

YTD  (1/1/15 - 6/30/15)Collected Income: $27,782Property Management:  $1609 (~6%)Expenses:  $6029Net:  $20,143My Thoughts:Reviewing the Property management statement provided above it appears several tenants are late on rent with no long term tenants.