Their seems to not be too much inventory on MLS or not in the targeted areas I would like.

You should know what the buyer's market can bear for the neighborhood you have targeted, a RE agent can help you with "comparables".

The homes I'm targeting are very old and severely neglected.

Take what you read with a pound of salt!

My heart just started pounding right now thinking about it!

Point being, due to lower interest rates and the property at a higher value, the ratio of the rule needs to be adjusted or ignored.Now, on a property worth $30k, and your rent is $420 monthly (1.4%), your NOI is $210 and debt service is $143.22, only leaving you $66.78 per month in cash flow, well below the $100 per door minimum target, thus, lower end value homes need higher ratios of rent to purchase price before they make sense and opposite that on higher value homes with higher rental rates.

I don't think there's one specific way to target a possible sub2 deal.

I'm looking at getting started with a direct mail marketing campaign for wholesaling but I'm not sure of the target market.

My point was really targeted at many others out there who do feel that college is worth the expense...

I am a new potential investor looking to go the route of private investors or hard money lenders. I have done the due diligence and researched everything from schools, job market, is it a solid first time homebuyers ...