The issue is that you are dealing with two distinctly different products each having a different driving factor.SFHs are not specific built rental income properties, therefor the price is driven not by rent but rather by the whim of home buyers.

Some specific questions I have:How many people are actually on the rental agreement? 

Do you use any specific metric to determine your willingness to offer on a deal?

So my question is would it be advantageous getting a CA real estate license to familiarize my self with the process and laws then get another license in NC to gain access to the MLS and then build from there or wait for my move and just continue general studying until I can properly focus on my market and state specific laws?

So my question is would it be advantageous getting a CA real estate license to familiarize my self with the process and laws then get another license in NC to gain access to the MLS and then build from there or wait for my move and just continue general studying until I can properly focus on my market and state specific laws?

Any specifics about what should be in this agreement?

I see an opportunity to buy land which is relatively inexpensive in the big city markets, build something and make a fairly good profit margin (30% to 50% if not more than I put into it).

@Ray Lai my list was filtered to multi family owners in a couple specific zip codes that had owned for over seven years or more years.I have done a very similar mailing with same contents/criteria but used a paid mailer and the results were less than 1% response with 0 deals.

Can I go to local banks/credit unions/lenders for the loan on a SoloK property, or do I need to work with specific banks/lenders?

They said what you guys did about there not being enough of a margin for profit.The guy said they liked the way the numbers were presented (thank you - Brandon)  (:-)Property lost to foreclosure, owner not bothered by it.I have just begun to learn about "Subject To"Like Brandon says 90% of the time, the numbers do not work.I appreciate the help extended to me.Let's make deals in 2018!!