This can be expensive and you need to make sure you account for all the acquisition costs to truly identify what profit you'll be making.

Additionally, consider identifying the next place you wish to live.

@Justin Meier I'd prefer not to identify the property until we close, but stay in touch and I will let you know. :)@Donald Joshua Even down south, cash-flowing deals are seeing some cap rate compression, but we were still about to buy this deal on a pro forma 7.5% cap rate.  

Are you guys using a specific site or program or whatever to identify locations with high rent to value? 

Start with identifying your ideal client by certain characteristics.

Since it isn't a blanket mailing, rather directed at specific properties you have already identified, are you more specific?

I will try my best and the rest will follow.I'm looking for advice on Marketing, Identifying the best deal, and then Closing.

We ended up letting him go and losing $5,000 in the mix...What followed was a 6 month miserable attempt in identifying an engineer that could draft up plans for a wall that didn't require a 10 ft. footer (b/c doing a footer required digging up our neighbor's property) and a contractor that could execute.

Lenders may also prove that the increased value is the result of rehabilitation of the property.Re-sales occurring between 90 days and one year will be subject to a requirement that the lender obtain additional documentation to support the value to address circumstances or locations where HUD identifies property flipping as a problem.

I'd start by identifying your goals and what you're willing to do to reach them.