Hello, am just getting in to the realm of Real Estate Investing in the Denver, Colorado area and I'm here to ask a question about a particular aspect of finding a good deal...Currently, I have a W-2 job in sales that yields a healthy income - I am 100% commission so I don't have a cap on how much I can (and can't) earn and in this roll.  

If you compare the typical yield in the Smokies compared to most other resort areas in the continental U.S., it's still a bargain. 

The rent looks good $1,850 per month on a $115k property but in this case flagged as maybe "too good" - either that means likely its in a not so great area (yield trap) and appreciation is not likely

If the borrowers get back on track, it’ll be a 14% yield.

I focus primarily on cash flow but of course our market yields good appreciation.

In Playa del Carmen for example, some owners have been making up to a 30% rental yield by renting short term part of the year when they're not using the property (don't expect that kind of return in La Paz or Ensenada though).

Additionally, I think focusing on the average and not the outliers of the entire coaching mentorship services subset of real estate would yield far better advice for Shane in this particular thread.The majority of the coaching/mentoring that I've been pitched were going to charge a fee to capitalize their own business on the reduced margins they will offer the end investor and I've been to plenty of events where the "great buys" were less than half of the returns I was able to find right down the street, just not flipped by the right contractor or not listed by the right agent.This is why I believe coaching and mentorship services that are worth the money are the exception and not the rule.

I would like to try cold calling and see the results that yields both on the aforementioned list and on the list we have of targeted, driving for dollars leads. 

That's my concern @Jay Hinrichs and why to this point I've avoided it.The ONE thing that makes me consider it is talking to a few older developers is guys who did 'new construction' using surplus/cheap material getting their material expenses down to near nothing (4-8 plexes) and getting a decent yield that way compared to rehabbing existing structures.

If you can get a 4 unit and a basement, that would be ideal and create major cash flow and equity creation, plus you can not worry about a property manager and boost your yield.