I'm looking forward to hearing the progress on the renovation. 

Here is the skinny on the one I just closed.MLS listing 44,900, acquired at full price no contingencyassessed value 63,0004 bed 1 bath built 19201286 Sq ft 4 bed 1 bathHardwood floors and oak moldings (unpainted throughout)New vinyl windows 2nd FloorNew tear off roof 1 yr old.New vinyl siding not very old.Off street parkingLocation is in the path of progress (less than 1 mile from Rochester's #1 employer)Screening tenants at 1200 / month, with current applicants.Pro forma:gross rent yearly = 14,400less 35% (10%PM, 10% Vacancy Reserve, 10% Capital Reserve, 5% Repair Reserve)= $9360minus operating costs (2246 taxes, 600 insurance) = 6514cash on all cash return = 14.5%

Initially, you will make more progress with a fork in your mouth, not a phone.

Great thread Lynn, very cool to watch your progress!

@Ken Williams, did you have any progress with VA? 

I only bite off what I can chew and of course the military always comes first but I work around the clock to do what I can to make progress in both aspects of my life.

Welcome Juan...and congrats on your progress to date. 

For example, if you're looking at rentals, you want to be sure (besides population and employment that you mentioned) that the demographics (think millennials), supply (and pipeline), affordability, industry diversity, path of progress and access to lifestyle are clearly present.  

Is there a system where they can keep track and submit leads and be able to see progress of there leads? 

Track the leads, provide a method for the bird dogs to follow the progress of each lead for accountability.7.