@ Mark Ferguson , I'm actually surprised since I thought I would need to send original blue inked signed documents by mail.

And you have to build up the trust.

Some areas are just strictly more of an owner occupant play and hope for appreciation.If you have limited cash why not wholesale a few deals to build up your cash higher.Then as liquid cash grows add a few rentals at a time.What you don't want to do is deplete all or most of your liquid cash on a marginal deal.

.:) I'm also trying to build up a buyers list so that I can begin to "look" for properties, otherwise what am I looking for?

I bought most of my first homes in my name and switched them later.Good to have one, but in KS/MO the title company really eliminates the needs for one.

If buyers are buying on a lower basis they will reduce rent for the area to fill fast or an owner who had equity build up but doesn't want to lay out thousands and thousands for repairs will just reduce rent to land a tenant to cover the mortgage.

HI Dan, I was thinking of starting off by wholesaling to build up some cash, then start getting into rental properties.

As mentioned above the problem with high rents is when you are sitting empty you quickly eat up any of the cash flow you build up.

This is where you can spend the $$$.Otherwise build up your cash reserve, remember to pay yourself a little as well.

Some people flip properties to build up capital to buy rental properties for long term passive cash flow.