Thanks for posting that Rich.Your COC looks awesome due to the leverage.Without leverage, it would look like this:$236k cash invested, $97k profit (larger due to elimination of loan costs $13k) 41.1% COC in 6 months (82% annualized).

MitchOh yeah, I wrote an entire book on exactly how to eliminate knocking and all of that grunt work prospecting.

So would it not make more sense for them to completely allow the investors to pay for their own shipping, ultimately eliminating their shipping expenses?

One thing I look for right away is the average now and if any of these houses clearly cross over a major street, or a canal, or railroad tracks and then try to eliminate those.

New shower heads can eliminate the damage hard water has done, improving your shower functionally as well as aesthetically.Lastly, take a look at your wall adornments.

It would eliminate having to invest in real estate through REITs that are subject to market forces that many times go down because of no fault of their own.

It hasn't happened.There was a software company I believe a year ago that pitched to Shark tank about eliminating agents etc. 

We want to use the good debt to eliminate the bad debt and build our rental portfolio and eventually retire.

I like the suggestion of co-signing as it would appear to give me someone more experienced and established to help make sure they are being responsible.On the flip side other parties who are interested start the conversation with "I was evicted last year", "I have a felony conviction and lots of stuff on my record", "My mom will sign a letter stating she pays my X amount per week to take care of my grandpa" "we lost our house last week and have been staying with different friends" and the list goes on.This is my Minimum list and usually will eliminate 60% of people on the phone:Valid photo IDVerifiable employment/income for last 5 years with a minimum income of 3x's rentNo EvictionsBackground Check and character referenceslast 5 years of residential historyCredit checkThis is also the order of importance to me.

then nobody will do business with you..lesson learned, don't do refundable deposits anymore..this wil eliminate tire kickers and help you to concentrate on serious buyers only.