If I can keep marketing cost low and attract enough attention to fill a reasonable number of seats there should be at least a small profit from the event.

A card to attract buyers should say "Join my buyers list".

And a website is important if you plan to attract sellers via website, obviously...

You could get an addendum saying that is can be assigned but I wouldn't hold my breath.

In my research I've found that anything below 100-200 or more units just isn't attractive to the big boys, while anything 5 units & over seems too big and intimidating for most SFR investors.

One beds change over quickly unless it's a senior,etc.Older people tend to stay and not want to move as they get older.I would investigate and make sure the current landlord hasn't gone soft with the tenants.When buildings get paid off the landlord tends to let things slide with upkeep and paying rent on time to not deal with the headache.The landlord isn't as pressed when the bank isn't breathing down their neck for that monthly debt service payment.No way I would owner finance 100%.

This attracts different investors.

An auctioneer in my area advertises "absolute above $X,XXX.XX" This tends to be a pretty good compromise for the seller and attracts me as a buyer if the reserve is know and low enough for me.

Until then I expect it to be a solid cashflowing property.My state of residency, PA, is where I already have my partnership in the one area of the state I find attractive.

Matt,I started just like you are reading, listening, and breathing all things real estate.