I send out direct mail to probate properties so my list is manageable in the range 500 to 800. 

Maybe start small, if at all?

Sadly Austin is too small for us!

The two units are empty because he had a direct marketing mailer sent to him about buying it.

It does not require the seller to pay it, nor does it require the buyer pay it directly.

agree with the other comment, different markets are doing different things. also, "be greedy when others are fearful." what people might be afraid of is, lots of commercial ARMs coming up on their rate adjustments, & the new rates (compared to 5y ago when they first purchased) will kill their cashflow, so they'll sell, and if everyone is doing this at once, supply might outweigh demand, everyone has to sell for less than they planned, and everyone who hangs on to their similar properties gets to recalculate their estimated mkt value with the new going cap rates. i don't personally think this is going to cause as insane of a shift as some people do, but it's all speculative, we won't know til it happens. if you can find a deal that pencils with 30y fixed debt, do it. 

In his diagrams, he considered all rental properties as passive income, and had noted that profits (if any) from this passive income are not able to be utilized to fund a solo 401k or a self directed IRA.  

In the end, your results are only as good as your direct mail campaign and your follow up.Sharon

@Jerryll Noorden should one direct traffic into: - website home page- landing page- click funnel landing pageWhich is most effective? 

My advice would be to start small and do your research.