You first have to become very familiar with the market and you initially must spend time in the market. second you must develop a reliable team if not a property manager at least a handyman and contacts for more complicated repairs.

Not pretty, but cheap and comparable to others in town-- I was happy with it for the price.

I'd like to send out more, but my budget won't allow for it right now.Couple things I'm trying now...Postcards - I am currently split testing how postcards will do so I'll be able to compare in a few months.

Where I'm looking I can find land for 24-30k and comparable around go for 200-300k at 1700-2000 sq ft.

For those folks, the subscription cost is trivial compared to the investment they make.Have you created an account on loopnet?

They were also paying a variety of other significant expenses reliably; their cash-flow was *huge*, yet not stretching their resources.

Problem is that in some areas, and regulators, may examine the extent of the commercial activity compared to the type of loan being made.

If they buy cash flow with a big downpayment, then they should consider the return on that investment as compared to other potential investments.

The problem is the rents are just too low compared to what the owner occupants are willing to pay for a home.Other markets there are homes that rent for way more than 1% of the purchase price.

The general plan is fine.You may has issues with the land + log cabin if it is too different from other comparable properties.