A one month estiated renovation turns into a 4 month renovation and the holding costs start adding up.4) Not understanding holding costs: this is the part that some people totally forget.

When we advertise we always include the monthly rent in the ad, to prevent a lot of inquiries expecting lower rents.

I still need to run this by my attorney.A good way to find brokers/agents willing to pay for leads is to just type "sell my house" in google and click on the ads of local brokers running online ad campaigns.Any other ideas on monetizing these leads?

I'm a photographer by trade - I've shot for ad agencies around the country, traveled from Japan to Jamaica for weddings and have billionaires among my portrait clients.

Go on Craigslist and respond to ads for apartments that aren't listed with an agent for lease, etc., and introduce yourself, and say if they ever consider selling, to contact you, etc.

Since you're in the SD area, I'd also suggest checking out BH Gold Insurance.

He who has the gold makes the rules.

60-75% of market value minus repairs is not a deal to them by any stretch of the imagination unless you're adding some kind of other value to the equation for them.The value you're adding may just be getting them out of a house payment...but if they have high equity, it's not their only property, and they have only owned the property for 7 years it's unlikely they're really hurting for money.

I have a feeling, that in a D area of Columbus, I would not want to be into it at any more than about $90,000.

On average, In 1 year or 1,000 years from now an ounce of gold will still be an ounce of gold and worth exactly what it is today.