Chris - What you're talking about doesn't sound like a gift to me, but a piece of advertising material.

In my humble opinion not to bad for an advertising piece that’s up 24/7, 365 days a year.And thanks again to everyone for the helpful insights.

Other items to consider are vacancy (even it its just a week or two between tenants), utilities (at least when vacant), make ready costs (cleaning, minor fixup between tenants), advertising, and tenant screening.

Most that I have seen are masters at advertising/marketing and building networks, not real estate.That's my last rant on gurus, really.

Looking back on that first deal now I would do it different, but I got it done and learned a lot in the process.Educated yourself on how to find the deal and then get out there and start looking, talk to sellers, advertise, etc.

Exposure is the key, but if you are going to send people advertisements on a regular basis, make sure to include something of value so that it is not just another BUY-BUY-BUY marketing piece that they will most likely discard.Thanks,- Harrison

FSBO with online/local paper/bandit sign campaign to avoid realtor fees.

Advertising (newspaper, billboards, TV, radio), bandit signs (though that might cause you more trouble, being licensed), direct marketing to any of the many lists of prospective troubled sellers, door knocking, etc.

•providing you with monthly and annual financial reports, so you always know how your property is performing •tracking and invoicing tenants for CAM charges •maintaining and keeping your property in exceptional condition and undertake specific preventative maintenance processes•professionally marketing your property to minimize vacancies and maximize income via my numerous industry related affiliations and web presence •overseeing the leasing process (if requested) finding qualified, suitable tenants, and professionally managing every aspect of the landlord-tenant relationship •overseeing initial tenant improvement installation and/or renovations •collecting rent and late •ensuring that your property complies with federal, state and local laws and regulations •maintaining insurance policies for the property and coordinating the payment of all property expenses •responding to tenant requests in a prompt and professional manner •providing you with a successful advertising strategy that keeps your property rented •credit and background screening to insure your property is respected •cost reductions- your property will benefit from detailed expense reviews and wholesale pricing for re-occurring and non-recurring expenses.

Heard good things about Melissa data, but listsource works great, and the absentee owner list that I search for gives me great info and updated records for my direct mail campaigns and marketing.Hope this helps