When making an offer on a MF/Apartment Building, are you required to show a any kind of proof of funds or pre-approval lettter from a bank?

My question is should i mail a letter to all of the homeowners in default or find out how many of them actually have some equity and then only target those homeowners? 

Make sure you get a letter out to the tenants letting them know where to pay rent.Good luck

I've been looking at a property that has been empty for more than a year and sending letters to the owner to see if they are interested in selling.

That same day a letter came in the mail with credit card checks.

She's not friendly at all, I had to resort to sending a certified letter after she refused to return phone calls and texts.

It may be a better idea to learn from someone else who focuses more heavily on the standard yellow letter, post card, and bandit sign methods.

Because of what we've read and heard, we're electing to go with a postcard mail-out before moving forward with more detailed and situation-specific letters. 

depends on the market.. in a sellers market you buy property this way.1. general information is all you need2. you have your pre qual letter for financing ready to go3. you have your POF ready to go.. copy of your checking statement showing down paymentyou then make offer and once you get it accepted you drill into the nitty gritty detail.I know being on the other side of this as a RE broker for years..

I have sent out 80 letters and will be sending out another 300 in the next week.