--------Overall, we generated quite decent walk-in equity ($36K, 18%), and cash flow rate of 0.95%..We rehabbed mostly the interiors, we left exterior paint and windows, to make the numbers work.Here are the numbers:Purchase: $130KHard Money Cost: $8KConstruction Cost: $24KClosing Costs: $4KTotal Acquisition Cost: $166KARV: $202KRent: $1570 (0.95%)Walk in Equity: 36KBefore:After

However, in addition to that, I am trying to take a different path to generate leads.

@Marcelius Reed how are you generating leads now?

They can generate calls, but you can also get fined for using them in many cities/counties.Another inexpensive strategy is to have a bunch of door hangers printed up at a vendor like NextDayFlyers.com for 7 to 10 cents each.  

Big goals, big action, big results.I'll achieve my goal through lead generation via bandit signs, classified ads, calling craigslist ads, PPC, driving for dollars & consistent direct mailings.

If you send the person a message then you should be fine, but I have random people add me all the time and deny some of them if they don't have a picture, or a bio, and definitely if they don't send me a message.

I showed it to a random guy I had met off Craigslist.

(yes 65 will be considered early retirement when my generation gets there)  THIS IS NOT A FAREWELL SPEECH.  

I wasn't really willing to tackle a larger project, but after being successful with my first rental for 5 months, I'm after something that is more risky, but will generate a higher return.

If you're starting out with no capital, you can generate lead lists for free quite easily.