People always assume certain brands like BMW, Mercedes, Land Rover, etc are the most expensive thing on the road.

@Joe Homs - I would need a general inspector too make sure that the home is in tip top shape. 

I sent hundreds of yellow letters with about 5% response rate and unfortunately no deal (might have been part me not having a clue what I was doing at the time).I just landed a deal sending one letter with a cash and owner financing offer (options for owner to consider) and I got a call back immediately.

BTW:  Putting in to an LLC after you close kind of defeats the purpose of asset protection especially if you're only going to hold the property for short period of time.You can protect your assets using Land Trusts.  

I guess you could get lucky though and invest in an area that really shapes up.I appreciate the practical, situational advice though.

I never think about looking at vacant land.

Dialogue and networking can lead to some really solid outlets when things get crazy in the world of land lording.  

The house is a triplex and is being nicely renovated inside and outside, but the property itself is an eyesore, as the parking areas are in bad shape, there is no grass, the dirt has washed away and the ground is uneven, and there is no fence. 

Are there anything else I should think about, in order to land a business?

PostcardsMail simple postcards to areas with high turnover rates and include a link to a landing page.