They showed me proof of ownership and credit card statements to back up there claim.

Have some business cards made that say you buy houses. 

First 5 years is 50,000 and next 5 year is 55,000 a year.First five is 250,000 in rent X .06 = 15,000Years 6 to 10 = 275,000 V .06 = 16,500Total commission you pay out is 31,500 split between the tenant rep broker and the landlord broker.Make sure you have an out in the contract if they are not performing, have a good co-op offered to tenant rep broker, and make SURE the leasing brokers do no insert getting paid on renewal options down the line.

If you have lived in the house for at least two of the prior five years, you can exclude the profit from Capital Gains tax under Section 121 of the Internal Revenue Code.If your tax return filing status is "single," you can exclude up to $250,000 of capital gains.If your tax return filing status is "married (or whatever) filing jointly," you can exclude up to $500,000 of capital gains.There is no requirement for what the money is used for.  

We were not able to obtain financing for the house due to its condition, so we took out no interest credit cards to complete all of the work.

I want to know how many calls should I be expecting from that many post cards and if I should continue doing direct mail.

I generally ask for a five-day inspection that allows plenty of time to get them out there have the report done and then determine if the property meets my expectations

I interviewed the five most reputable management companies and finally selected one.

I write it off as Yard Card.

With a five hundred dollars down payment.