We are each willing to put down as much as $50k for a downpayment.We are also open to considering other markets as well, but Florida is a place we'd like to live in. 

If you mean "how often do LPs try to sell their positions," I can count on one hand all the ones I can remember, and that's over more than two decades, $400 million equity, and well over 2,000 investors.  

In your experiences what websites or software works well for getting leads with accurate data?

The increase in value to have a legal quad has been well worth the additional annual fees.As for the mail, put out four boxes aligned to the units in the leases.

You are well past that, so you should have no problem proving intent to hold for investment. 

Yardi-Voyager is relatively ubiquitous in the industry, so this should be easy.

You can be well compensated for your efforts, but you now have a job.  

What are everyone's thoughts on this scenario as well as the economy as a whole?

That and the main charm of this place is the magnificent old casings, which would be hard to salvage in a gut.I've been trying for months to connect with a "drywall only" contractor, I've heard that those guys can really do it well, fast and cheap, as opposed to every contractor who kinda gets it done eventually.

A lot of them don't understand the rental industry in the Myrtle Beach area.