A stamp costs $0.49 for first class, I think $0.34 for a postcard.

They may very well have paid double that, and are losing their shirt on this property and just want to get out of it.

I'd hate to see someone put all of their money into getting that first deal with no safety net on the side and end up losing their shirt during an economic downturn.

I do have a pretty detailed lease stating housing regulations with roommates, and also had an addendum signed re stating the rules and how I will be enforcing them.But there is more to it, the individual had a friend over, whom barged into the females room while she was sleeping asking for a ride home, and on another occasion I was also told the problematic roommate was drunk walking around the home with JUST a shirt on, with all the goods hanging out.

That's odd, I never sent out one yellow letter, the only stamps I bought were for verifications mailed out, then got a meter, never ran a TV, radio or newspaper ad, but they talked to me in interviews.

One good thing about the forms is they are automatically dated and time stamped.

If you look back at the crash in 2007-08, people that sold then most likely lost their shirt.

All I had to do was file the Writ of Execution form and have the court clerk stamp it once it was filed. 

Please don’t be over anxious to purchase a house because you have a few dollars and please do not read this post and think it’s super easy to do.Investing can be done, several people invest everyday and make a lot of money (just read the stories on this website), but several people also loose their shirt trying to invest before they have a full understanding of what they’re doing.For now, educate yourself, network, and enjoy the ride.If you have any questions, send me a colleague request and we can talk.

Far better for you to learn what you need to know, proceed slowly, and get it right the first time so that you have a foundation to build on, rather than doing a bad deal off the bat, losing your shirt, and mistakenly deciding that real estate is not for you, or that you are not for it.Keep doing your research, keep meeting people and talking to them.