They can help you a lot and if their is something they can't do, odds are they know a quality person who can.

@Todd Gilfoy depending on the price point and the quality of the flips you plan to do depends on the locations and methods of acquiring the properties you will use.  

What a great way to increase the quality and equity from your portfolio.Suppose you have a stable of 5-10 properties, maybe low income and there is about $100,000 in potential equity.You could offer those properties for sale subject to a 1031 tax deferred exchange.

I'm hesitant to buy rentals in west or new haven because I feel the quality of tenant would be so much lower, higher vacancy etc...

Not only is RE local, your portfolio performance will vary with types of assets owned, quality of management, and your local market.

7 Stunning Qualities That Make Memphis One of a Kind....It is no secret that the owner of a company called Memphis Invest would love the city, but Memphis also bears the brunt of its fair share of knocks.  

Finding and choosing reliable, quality people is where I see this option being an issue, along with the time, which with 2 little ones at home on top of working full time is tough to come by.

Keep in mind that your deal rate will be based on several factors 1) Using a quality list, 2) Getting the attention of your prospect (be creative with your mail pieces), 3) Entice them to call (use good copy - short copy will promote a higher response but less qualified leads and a long copy will promote less response but more qualified leads), 4) Be ConsistentIf you fail at any one of those, you're wasting money on direct mail.  

Train your brokers on exactly what you are looking for and you will get higher quality deals.  

I got my BP membership almost 2 months ago while searching about screening tenants for rental properties.