Have the rental units and the tenants will come - We have many rental units and still buying and assigning properties - never had an issue with finding tenants (those folks who pay my mortgages) it is a great business here in Baltimore - Our family have been hanging around here for over 40 some years and have done well - you will also - I wouldn't worry about tenants - you should concern yourself with controlling real estate - work on -----Sandwich leases (never own but collect rent)Tax Sale 365 - how to do TAX SALE Poaching every day - avoid the competitionReverse Mortgage Foreclosures to control rental unitsExpired listings for easy control and rental without ownershipWalking and Driving for vacancies - easy money - Left-Over Tax Sale ListPublic Auctions - lots of equity hereThere are many ways to control vacancies and to build an attractive monthly cash flow ----Good luck - Charles

What flooring is best for a rental- I don't mean cheapest or most attractive or even easiest to install- I want something that's going to last, something that is 'tenant proof' as far as damage.

It attracted my attention because it was advertising a property in the area where I grew up (about 3 hours’ drive from my house).

Then, execute a value creation strategy with your investment that generates attractive returns.

If you have only found them through VRBO, what verbiage/headlines have you used to attract these types of clients?

I'm just wondering how far you want to scale up and at what point do you want to hire more out and automize. hey william,all good questions. i have not read that book, but i will see if my library has it. i actually do not have a monster day job, just a worker bee engineer without any dreams to climb the corporate ladder.i do not have a rentals limit, i just whatever fits my criteria and my style. by style, i mean, the house needs to have a curb appeal and be in the right area. there are TONS of houses i passed on because they were either "ugly, weird layout, or in an area that wont attract the tenants i target. if i have the money at the moment, if i like the house and if my crew is running low on "projects", i just get it. i have been holding a few houses for the past 8-9 months just vacant in case the market dries up and i need a large project to work on.I have not much work on the houses for awhile. i still help out if i have a few hrs off here and there, but my crew keeps me in check by working only 8-5 and no weekends. so it's easy to just check on the project when they are not there and since they are not there to work, i just leave. i have a good team now, but do not have anyone that can oversee everything like i do. maybe it's because it's all mine and i know it inside/out, but no one will care for it as much as i care and know everything about it. i have spreadsheets that show purchase price, move in, move out, any changes in rent, if they have dogs, what insurance i use, when's the garbage day, what appliances came with which house, water payments for the year, furnace filter size, etc, etc... i update those as the "issues" happen. no one can do a good job unless i pay them a lot of money.my current payroll is ~120k per year, all sustained by the business.i think about quitting my day job often, and i certainly do not need it. but it's easy money, and the biggest fear i have is rentals drying up, like they have been. then what am i going to do?

Job Growth:  Look for areas that are attractive for business formation and proliferation.  

When you say the postcards were professionally done, do you mean by a graphics company or someone who specializes in real estate investor marketing?

Maybe you could share more about your background and what you bring to the table to attract rehabbing mentors?

We know that the place attracts those type of people who are willing to plunk down that kind of cash and avoid the chicago winters.