Great coverage of pros and cons here, one strategy I have seen work extremely well in regard to minimizing turnover is marketing to student athletes.

So for the $300 bucks I paid for the course, the learning I have recieved from the class would be extremely beneficial even if I never pursued being an agent.

I realize that is not particularly important to the topic at hand, but just wanted to make it known that I have a propensity for being very analytical.The market I live in as well as want to invest in is extremely depressed.

We also had to deal with our local building department to get a house off of the demolition list which was extremely challenging due to the history of the property. 

The chances are extremely small that a bank will move quickly enough to be useful when an offer has already been submitted.

I have worked extremely hard for 20+ years to have a great relationship and reputation with the many HUD asset managers and I am known by them as someone they can count on to close on the property if my bids are accepted. 

That's an easy online lookup or phone call to the county.Loan mods are not that hard, and the end result can be extremely positive for both the investor and the homeowner. 

Just be extremely active and study study study.As far as yellow letters please try and be creative.

But it is extremely hard to get anywhere with him, from asking where we are at with talking to seller agents, to even asking simple questions and having to send 2 or 3 e-mails over a few days in order to get a response.

Choose an area you are extremely familiar with.