However, I won't ignore a good cash-flow deal, even if the appreciation prospects are less.

Dial your marketing in with the messages that will connect to the right prospects for your strategy.

Just make sure you vet the prospects well.Good luck.

@Jackie: Yes you are correct, im currently in the Dominican Republic, as far as the rules go, the only way to prospect here is by vacation rentals.

Prospective tenant tours the property, sees that is a 3 bedroom vs a 2 bedroom can cause a problem for you.

I just had an offer accepted off an MLS prospect and I have a very strong candiate from my mailing of absentee owners.

I have a couple wholesaling courses where the writer advocates this as a viable strategy.In my experiance most folks posting on Real Estate For Sale/By Owner on Craigslist are investors peddling a rehabbbed/refurbished house & are really looking for a retail buyer.I have found u have to wade thru 40 to 50 ads before you find an actual "Mom and Pop" seller with a fixer house for sale.Not a very efficient prospecting strategy.Any comments or insights greatly appreciated.

I prefer an empty house; rooms appear larger; no distraction with items in rooms that may or not be to the prospests taste; showing the house is an art that needs to be fined tuned, having some insight into what the prospect is looking for also helps; prospects are knowledgeable the person showing the house needs to beas well.

You will always be surrounded by prospects.

Didn't deter them or the other tenants.It may well affect the rent you can charge, but I wouldn't say it's a deal killer.Have you been inside the house when trains are going by to judge the noise?