The hard work will pay off if you are willing to do the hard work and learn to read people and treat people the way you want to be treated without letting your business suffer.But cash out your 401k and treat people poorly including tenants, outsource all of the dirty work to vendors and property management companies  and you will have a better chance at the nearest casino.Good luck and I sincerely wish you the best.This is the methodology and track that I was thinking.

A heat map shows the level of crime...like this...pretty scientificThe data can be normalized for your specific location by establishing the baseline for the city, not the nation...so you can compare relative crime rates to tell where the worst stuff in the city is happening...it goes on a scale and can then be graded:Anyone that creates a crime map based on anything but this methodology is playing a fools game...its simply inaccurate.

We use price per acre methodology in the South Western States with a minimums for smaller lots.  

That methodology/thought process has gotten me far in life and I'm sure it can do the same in REI.

Just curious, would you mind sharing your methodology for grading these areas?

My methodology with the postcards is to use them as a first contact upon which they can call me, email me, or check out my website.

Even if the methodology they teach can be successful (which is in doubt), it certainly cannot be successful at all times in all markets.  

I use GTD too, and find that the snooze feature in outlook works great, as well as have "context" lists.

What's the best option with low DP then the traditional 20%.. lastly of you have a awesome lender who is creative and can make it happen, please share contact Info. thanks  Sharing this article I published last year here on BiggerPockets on this exact topic - things are generally the same as when this was written up last Fall - your best bet is likely STR-friendly STR Lenders - ones that will use forward-thinking methodologies like AirDNA, etc. - probably about one third of DSCR lenders are STR friendly at this point (most will not do STR or have very conservative UW)Short-Term Rental Loans: What Are the Options and How Do DSCR Loans Stack Up?

Using the most common accounting methodology, all flip costs are considered COGS (cost of goods sold) and are carried forward as inventory on the balance sheet (work in progress) from one year to the next until the property is sold.That said, if you're working out of a business entity, you may have to track inventory on your tax worksheets.