After a couple years of testing the life of a landlord, I decided to officially go for it around this time last year!

I'll be relocating to Minnesota this summer and grew up in Central NY (Utica area) so these are my two areas of focus currently.There's an overwhelming amount of information on this forum about different strategies but I've decided on direct mail marketing to apartment owners in Oneida County, NY as my primary focus.

Texas, lived in Houston for 9 years after graduating from Texas A&M and for the past year have called a small town in south central Arkansas home (El Dorado, AR.).Having lived here for a year I’ve seen what this market has to offer from a housing standpoint and there is a serious void of modern/updated housing, be that for sale or rent.I’ve decided now is the time to begin my journey as an investor.

If you decide to spend ad money on Facebook, Google, etc, you can either do so yourself or buy ad credits straight through them. 

One of the deciding factors is will I have to pay 20%-25% in property taxes if I roll the profits into a new multi-family property? 

I have talked to several different investors about how they decide what return they look for and some do it by a dollar amount and some are looking for a certain percentage. 

Just a thought.Congratulations on your purchase and please keep us posted as to what you decide to do with your investment.

At a minimum, I want to leave every person I speak with a business card so they have a way of contacting me whenever they do decide to sell their house.  

For this to work, I would need to claim my home office as primary.How is that decided?

Hey James... i just posted my first blog about doing a deal precisely like this... check it out... it will definitely give you some insight...