@Denise CarringerMy preference is to go local - some community banks offer this type of service or local escrow companies, which is what I found, because they offer a higher level of service than most national.

Right now wholesalers are mainly doing:SMS TextingCold CallingDirect Mail / PostcardsThe “next level” is PPL (Pay-Per-Lead) through lead generation companies, so you’re only paying for conversations that raise their hand.Most people start by pulling lists of sellers in distress (pre-foreclosure, tax liens, probate, divorce, etc.) and then stacking those lists so you’re not just hitting one pain point but several.On top of that, a few other things are working well right now:PPC / Google Ads – motivated sellers often search “sell my house fast” before answering cold outreach.Facebook/Instagram Ads with strong local targeting.Driving for Dollars apps (batchdriven, dealmachine) paired with skip-tracing to hit niche properties others might miss.Follow-up systems – 70% of deals come from nurturing leads over time, not just first contact.What seems less effective today:Bandit signs (cities are cracking down, saturation is high).Generic postcard campaigns without a targeted or consistent follow-up strategy.Mass cold email (deliverability has dropped a lot).The real key is consistency + multi-channel.

We treat it with the same level of effort as if we're leasing with the intent to manage - set criteria, fast replies and scheduling/showing, thorough vetting, etc. 

I would want to see average household incomes north of $75k/yr to support that rental level and leave people space to eat.d) my perception of a small, cheaply built house in a marginal area is you won't see much appreciation, using you $200k new construction example. 

Be careful of the managers that also have a sales divsion as they likely just want to run you property at the minimum level until they can convince you to sell. 

Looking forward to meeting and connecting with any level of potential assistance in my projects going forward. 

Hey Joe,Congrats on leveling up — going from SFHs to an 8-unit is a big step, and your questions are the right ones to be asking.

Is $60K + $10K per deal reasonable for an entry-level hire in this kind of setup?

At a high level, 5+ units is no different than a single family. 

Have a lender who also educated you through the process and a real estate agent who knows the area you've already done your own research on as well.Know the passive activity rules: Early losses may be limited depending on your overall income and activity level.