Wholesaler vs. Yellow Letter Campaign?

[William Goss]

Hi Everyone - For all the fix and flippers out there, I would love to hear about your experiences on your most successful acquisition strategies. I specialize in rehabbing SFRs for rental properties throughout Indiana which are typically <$80k and do not currently have a partnership with a wholesaler for a steady stream of deal flow.

However, I am looking to scale up so I am curious to hear from all of you on what your best successes have been in terms of cost of acquisition, rates of return, etc. between acquiring properties from wholesalers vs. running your own yellow letter or similar marketing campaign. Do you typically see that the overall cost (time and money) is more efficient working with a quality wholesaler, or do you find that your return on investment is better for running your own acquisition marketing initiative?