Quote from @Chris Watson: I have sold when I have seen a better opportunity elsewhere (1031exchange). 

Hi Chris,Thank you.I have spent about a month educating myself on real estate investing.

Quote from @Chris Seveney: @Bill WagersI would not do a contract for deed on a bar as you remain owner and thus could be liable for issues with the propertyI would do it as a sale and seller finance the property so the estate is no longer on titleIn that instance may not even need a LLC 

Don the deal maker :)  this scenario is probably more appropriate for @Chris Seveney sand box but one of my favorites was forming a great relationship with the state manager for a thrift they would feed me their loans in foreclosure..

Hello,My name is Chris and I am a member of of private equity group that buys apartments and hotels.

Hey, Chris. 

But, to Chris's point, if you have friends and family that already know like and trust you, then you are more likely to get a yes.Unfortunately, the reason you see all the "scammers" on social media is because it is easy to reach TONS of people with relatively little effort and money.  

Quote from @Chris Dawson:  @Joe Mathew inventory is still low here in Kansas City which is keeping prices higher than I would like to see. 

Quote from @Chris Seveney: @Sean McKeeI never really understood people with smaller budgets doing direct mail.

Quote from @Chris Seveney: @Sam FaasTypically homes need major work and do not qualify for conventional financingAs noted they are typically overpriced.