Tell them you don't need an automatic MLS search, you already have that, but if they want to send you individual listings, you will definitely take a look, and with them, you can be very specific about what areas or what qualities you want.Good luck, and I will be interested to hear what happens.

Before we started in CdA  we researched Boise as well and decided on Coeur d'Alene.Prices compared to California are very cheap usually about 40% for equal quality homes.  

It sounds as if you did  much of the work yourself without knowledge of the products you were installing,  Installing something, while the process may be very easy, doesn't mean you know all that is necessary to complete a quality job.  

I have been updating many of the homes as I turn tenants and that keeps the rents and tenant quality high.

We can get quality for 8 to 9 caps with the debt in the 4's gives off great COC not found in single tenant net lease right now.

I would never invest the same quality of material in a rental that I would in a fix and flip (another money saver)… The potential to make several hundred dollars per door is this way is higher whereas many investors just look for 100-200/month/door.

To be an FHA direct lender you need to meet the following requirments: 1)Certified original audited financial statement with adjusted net worth of at least $250,000 that has been prepared within the last year.2)A senior corporate official showing at least 3 years of experience handling FHA affairs (loan origination and servicing background) 3)Multiple credit and background checks to verify legitimacy of the heads of the institution.4)$1 million warehouse line of credit or equivalent funding program to show liquidity and lending power.5)Business plans, quality control plans, E&O insurance policy, sanction letters, fidelity bonds and other formalities to provide security.As you peel the onion it makes more and more sense why some lenders offer certain services & products and why others simply don't qualify to do so.

It's funny how 9 un-taped wire nuts can tell you a lot about the quality of the work done in a large building.  

Quality control With the fixed food contracts the larger guys are guaranteed a certain food cost rate regardless of market conditions.

It's also not a business for people with little to no capital.Maintenance and watching your expenses are a part of the game.Successful landlords have systems in place to deal with problems that come up and they SCREEN tough as your tenant is essentially your business partner.Another thing, you make your money when you buy correctly... applies even to landlording... certain areas and price points will attract certain tenant quality.