Is there any advantage to this strategy when it comes to investment properties?

I am looking into buying rental properties in lower income areas because of the positive cash flow and affordablitity, not to take advantage of anyone.

I keep the rent a little lower than competition when we advertise for tenants.

See if your competition has it.

Add yourself, and your listings, to as many real estate portals as you can to take advantage of their established traffic.

If there are a lot in your area there will be competition from the others who you do not do a deal with.I am sure the financing can be put together but it does not mean you have anything more than a nightmare.

Attorneys have priceless knowledge, take advantage of that.

I think the local newspaper will come and take some publiciity photos next week, I can post those except I haven't really had any luck yet posting to BP.One of the advantages to living in a small town is that we draw good crowds and some of our actors do have a bit of a local "following".

I'd like to add at least 2 more but my current financial situation finds me without any cash to take advantage of some of the current bargains out there.

I am guessing almost any of them will tell you in pretty short measure - Hold the properties individually in LLCs.I recently read 'Real Estate Advantages: Tax and Legal Secrets of Successful Real Estate Investors'.