Vacant Property in Hot Market - How soon & often should I follow up?

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I am interested in a vacant property, but have yet to get a response from the out of state owner.  I sent him a letter last month and followed up with a phone call (voicemail) a little over a week later. 

I am curious how often/soon you follow up on a property.  It is a really hot market and well done rehabs are bringing in some high prices. 

This 2BR, 1BA was purchased for $80k in January and sold for $245 last month.

I don't want to be a nuisance but I also want to be fresh in his mind when he decides it is time to sell. 

[Jassem A.]

The hand written letters are the ones that catch my attention the most.  I decorate my fridge with them in the event that I have to sell sooner rather than later.  The owner probably knows what it is worth or what it will be worth which is why he is sitting on it a little longer.  If he is out of state he probably doesn't want to deal with it being occupied because that's more work than turning around and selling it for a huge profit.