Online marketing takes time to do it properly so if you want to find off market deals sooner than later doing letters is the way to go.

I've gone along with people trying this, and they get greedy and end up worse off MORE THAN 50% of the time because they try and play it over a week or two rather than just as a one-day thing.

I do not have personal experience investing in flyover states, so take this with a grain of salt.This is my 'gut reaction,' which could 100% be totally off & I'll defer to those with actual experience 100%...Any place you are buying that has tenants paying 2x in rent what they could otherwise pay in PITI because the [ $70k * 3.5% = $2450 ] down payment is too much of a down payment for them to save up, isn't exactly going to have high quality low maintenance intelligent people as tenants. 

You would almost be better off going into the lending industry and leveraging your resources to produce interest income.Purely my opinion ...

I am a little concerned about starting off in San Diego, cost of living is very high- and the market seems to be extremely competitive.

@Mark M.First off, I've never been to the Fort Bend auction, so I can't compare the two.

Once you jump into a PM for 16+ units, you might as well off load everything else to them also (SFRs & 2-15) to become totally hands off. 

My schedule allows me to have Fridays off and I'm using that time to maximize my learning through BP.

Also, banks are the worst at giving multiple loans for investors to make money off real estate.

Part of our business plan is networking and i have really come to realize Biggerpockets is a great platform to be part of.