No doubt, this property will generate great return. 18%ROI - We bought it for 32k+17k Reno; all in for $49k... in a very desirable neighborhood.

That's $90/door and less than a 6% cash-on-cash return.

Bigger Pockets Community,I got lots of great advice on my first post yesterday so now I feel I owe the community information in return.

Do you want highest return on your money?

I own several properties in Texas where I get a 3% discount for paying by October 31st.  1% per month is not a bad return on investment

Pick a single business bank account and start running all your income through that account. c) >24 months, Fannie opens up (typically) once that 2nd year of tax returns is filed and processed by the IRS.If you do a or b with the plan to refinance once you hit c, make sure there is no early payoff penalty.

I have only sent post cards & letters, and my return rate was much higher with letters. 

In theory my return for what I pay down is the interest rate which is now close to 4%.

As @Ryan Paltridge mentioned, it is best to work with with someone in the area, ideally someone that is doing or has done what you are trying to do, as one would understand what you are trying to achieve and follow the Return/ROI/Cap Rate/Cash on cash return (which ever way you are analyzing your deal)  you are looking to accomplish. 

And don't forget the other numbers like Cash Flow, Cash on Cash, and Return on Investment.