In San Francisco (where I live), a good quality SFH would fetch 3000$ per month approx.

In your experience are the buyers that attend all interested in the same 5% or so of the quality properties?

Do any of you guys use internet marketing to capture good, high quality leads?

I closed my first multifamily syndicated purchase this week (24 unit, 7 yr old high quality condos in Des Moines),but, my second deal fell through because the largest investor pulled out at a late stage and I didn't have a backup investor so couldn't get to closing.

Plan on holding it for at least 10 years from the looks of the market cycle in the area.It is not your standard rental at the moment but eventually when I get a few more rentals and the economy recovers, I will be able to rent it as a single house.

Having maintenance people who can get work done cheap, yet not sacrafice quality.

Familiarize yourself with plumbing materials quality ratings and cost.Their are many ways to join a pipe, learn to notice the most professional look.Look more closely at insulation materials and see the different quality standards.

Its a fine line we have to walk on to not spend much but keep quality tenants so 2 Questions:1) How does an Investor/Landlord control spending habits?

Acutally, we will probably be moving out of there here soon (and turning our house back into a rental again) but by owning most of the houses on the street it will help us keep a 'standard' for the street and help keep everything looking nice.

If I look to neighborhoods on the next "quality" notch above those I've been buying in, the houses that I could get $800 a month rent on would cost more like $70-$90K instead of $30-$45K.