I was telling buyers that I targeted said areas and most of them told me they were NOT interested in said properties.

Many associations are professionally managed and have documents, meeting minutes, etc. on their web site.

I have read some tutorials on this web site but i still want to know if it is possible to get a master lease on a property with no money down?

And I prefer direct mail because I can target just those people in the houses and equity positions that I care about...P.S. on a tight budget like $350 per mo., you need to do POSTCARDS, not letters.

Unfortunately there are some that use gimmicks to entice/fool others, and that includes prospective renters... once they've got the keys, they start saving up "in cash" for next years target to rinse & repeat.

Often times you can structure a lower cash deal since they won't have to pay 10-15% selling costs or you can do subject to or a lease option assignment.Listed properties: you go door knocking on targeted listed properties, make a good presentation, and present a "Plan B" if the agent doesn't do their job and leave them with a flyer on benefits of a lease purchase and have them call you if the agent doesn't perform.FSBOs: these people want to sell their house fast and for full price.

I do hope every portal publishes results as deals mature....With respect to the actual calculations, when I dug deeper into the numbers I got a better understanding of why the wide deviation in Target Returns from deal-to-deal and why those Target Returns seem too high for my comfort level (if it is too good to be true....).

AnnaYou want someone on your team to have MLS access to do comps.A buddy finds deals walking his target neighborhoods going door to door speaking on behalf of the local politician.

I will definitely be calling some property managers and learning more about my target markets. 

Here is more information about what this will include:http://www.biggerpockets.com/renewsblog/2010/03/17...Let's say you determine your fixed costs to be $20K, then your profit would be:Profit = ARV - Purchase - Rehab - FixedProfit = $154K - $98K - $26K - $20KProfit = $10KIf you've like to define your own profit target, rearrange the formula and then you can let your other numbers determine your maximum purchase price.