Mostly for collecting information/data generating from my Yellow letters/post cards to start. 

That situation just moved dependency from parents to the government ( tax payers) I don't have an answer to your question....just providing information on the situation my tenants are currently in.Based on information I've read, when times get tough (recession), younger generations move back in with their parents. 

Perhaps you can generate better cash on cash returns doing what your talking about.

This allows the tenant to be secure in knowing what they are paying for and it's not a 'revenue generating' event for me like it is PM's and other landlords.My properties are pretty nice, in good school systems, so people have a tendency to be honest.  

The higher the cap rate, the more the income it generates relative to the price / value of the place.

She is generating plenty of contacts and building great relationships but I am wondering if anyone knows about how many listing appointments per month/week I should be expecting.

Thanks Steve,You know BECU will pay for your appraisal (if automated value model (AVM) doesnt generate a value on BECU's end) so you have no cost of originating the HELOC on this additional equity unlike your current source of financing above (30-50% cost based on the amount extended).The rate will be around 4.50- 5.74% at the lowest on the HELOC depending on your LTV.

It's basically a BRRRR strategy but focused in markets/areas/neighborhoods/cities where the long term appreciation play is more of the priority than the cash flow it will generate right away.

I'd like to transition my money and focus from my business into real estate, but I want to make sure that I am educated and capable enough to generate cash flow in this industry before selling my business.

Hotpads is a great website for generating leads.