That's a good plan and I see you easily hitting that target.

If there are, then I would address them..if this is a real concern for the health of your property, then fix the real issue...drainage, foundation...... damaging the interior due to mud/dirt etc....then fix it....if its 99% cosmetic, then hell noOtherwise the tenant can go pound sand......they rented it "as is" with full disclosure and acceptance of the property...Don't like it?.....

You can see that our growth is looking strong because we now have Amazon bringing their fulfillment center to Bakersfield, along with L'Oreal, Ikea, Ross, Target, Caterpillar, etc.  

BUT..If you're setting up a marketing campaign targeting absentee owners, and they obviously are absent from the property they own..HOW DO THEY EVER RECEIVE THE LETTER?!

And especially in this market, I want to target my offerings to a specific audience, that would like to hear the message that I come bearing. 

My best advice is using Facebook, because you can do all sort of laser targeting ....My friend has great success.

I just double checked my numbers for my duplex, it cash flows even when considering an FHA loan (I said down payment was 3.5% in the calculation) and 8% vacancy, 5% repairs, 5% maintenance, and 10% management, $40 a month for electric (2 meters are 20/mo each that I have to pay for), $33/mo for water, $62/mo insurance, $35/mo trash, and $15/mo PMI.It's not crazy money, but it does cash flow even after all of those expenses, even though the down payment was calculated as 3.5%.I would at least target breaking even after expenses, even with an FHA loan.

This depends on the kind of properties you're targeting.

What areas are you looking to target for your search?

that is the smell of money. .. you just have to buy it very cheap.. many times you have to take the house to the studs and rebuild to get the stink out.although I bought 5 last year and bulldozed all of them.. those are prime target for mc mansion infill rebuilds.