Granted, the cost of marketing on Facebook will depend on your area, your industry, target audience, quality of ads, etc, but in general, you are probably not going to get away with only spending $50 a month and actually see any real results.

I know Im not the only one doing this because when Im in court for an eviction I get a letter a few days later from a company offering PM and tenant screening services.

The 50% guideline would give you about $575 in monthly profit - if you have to pay most of that towards the loan it could make things a little tight.Did you screen the tenants?

The ability to use the app in landscape mode (turning screen long ways).

Increasing my marketing efforts will result in the need for more everything but I will really need help screening callers.

The quality of the jobs being added, and their pay, is not improving it seems.

Looking to do first re-hab/flip deal and looking for GC referrals that do high quality work and can respond/provide estimates quickly as deals often get bought up quickly.Thanks

As an investor, I rarely, if ever, consider Loopnet a good source for quality deals. 

Also, try to screen people on the phone, try your hardest to get tenants on the phone.

This is what I envision:Step 1: Find Property worth buyingStep 2: get financing for said project and do rehab to create equity ( 3 year term)Step 3: Find tenants that want to do a "rent to own" situation on a 2 year lease termStep 4: screen tenants and collect "money down/option payment" (somewhere in the realm of $5,000 and negotiate purchase price and get contract signed.Step 5: Hold the note for the 2 years and collect rent payments until tenant is ready to exercise, if they don't then sell the property for the appreciated value straight up and collect the equity.does this sound like a valid strategy, and if so can anyone provide me any insights into any potential pitfalls?