How do I....

[Melis Torres]

Hello All,

So there is this multi family property I am very interested. The listing recently got taken down but the property was not bought. It has a good cap rate and everything was recently updated, head to toe. I want to mail the owner and ask to buy this property. How do I start this letter? Or does anyone have a template to go off of? 
Has anyone done this before? What are the chances the owner will get my letter with a property management company in place? 

I look forward to this discussion! Thanks!

[Nathan Gesner]

Quote from @Melis Torres:

I would be very cautious. If it's a good cap rate and fully renovated, why didn't it sell? There may be something very wrong with it.

I wouldn't overthink this. No magic letter will guarantee success. Just write it as yourself and see what happens. I recommend keeping it short for the initial attempt.

[Melis Torres]

Nathan, 

You may be right. Thanks, I'll give it a try and hopefully dig out the reason!

[Drew Sygit]

Be prepared to followup numerous times.

Highly likely the owner will treat your letter like junk mail.