May I also recommend that you suggest the services of an appraiser for your buyers before they make an offer on a home instead of suggesting they wait for the bank appraisal to screw them over!

So to answer your question, the preparation is to be careful and don't overpay.

Good cash flowing market but you really do have to be careful with the area...lot of variation in crime and neighborhood quality depending on where you look. 

He was at work today (and if he was sober that would make him employee of the month in Key West).Be very careful when you... heard it from a friend who heard it from a friend who heard it from another.....

(Just be careful how you write your offer!)

I want to invest in a Sub200K area right now that will put me in about a B neighborhood with working class folks who care about their surroundings/block. 

If I rent do renters care about having gas?

For those receiving the leads...they dont even care if the lead is inquiring about a property that is already sold, because the value to the agent is in the lead, not in them being interested in a particular property.I think agents that do not like Zillow, do not like it because their accuracy is questionable. 

It pays the bills and was fun to build to this point, but is getting monotonous and we don't care to put in the capital to expand the model. 

You need to look carefully at it and at all the details