From there you can now track down **targeted leads that you already have buyers for.

One thing I might suggest here is to target properties with small amounts of rehab first. 

If seller financing is your only finance option, I recommend targeting owners who are open to it rather than targeting conventional sellers and trying to convince them.

I'm targeting between 12-20% ROI.  

I always target an all-in cost of 70% of your ARV.  

I targeted a lower value home because I thought that if I made a mistake at least it would be a small mistake. 

Effectively, you discuss with your outside partner what their target return is and ensure that they get paid out their portion + target return at the refinance/sale/close/etc.

But if you focus on getting the systems and processes down and building them around your target market things should work out.

They can also target zip codes for hot areas, not just blanketing a zip code and sending to the first 1000 addresses on the list.DON'T expect return on your mailings the first, second, or third time around. 

Some people will freak out regarding workmen inside the home, some will less than freakout, none will lbe happy.To ease the pain a bit, maybe offer $200 off the rent for each month where workers are inside the house, or pounding on siding.Workers indie the house unsupervised by the property manager may bring claims of theft of expensive things (true or not).So being inside with inside workers 100% of the time might be a smart move.Just my 2 cents.