Also, the owners may not respond to a regular letter, but they might respond to a well crafted attorney style mail or Urgent Notice regarding "xxxxxxx san, antonio Tx)

Once you know what their problem is then you can craft an offer that will help them out of their problem.

Currently my financial situation requires prudence and meticulous planning because:  FICO score (solution is steady work over time to build credit by repaying old debt);Family needs me close (solution is care for my geriatric mother at reduced living expenses);Transportation (solution is this weekend I've saved enough for a down payment to finance a used car);Taxes (solution is to hire a CPA and consult with a real estate attorney to get my 2004-05 taxes satisfied);Experience In The Industry (solution was to attend full college courseload for a semester and major in Building Construction Technology - Construction Management.

Currently working in Accounting and Finance, I would like to pursue real estate investing and move towards creating wealth for myself and enjoying my craft.

Then spend all your time perfecting your craft.

I have had multiple HOA violations (some as incredible as leaving my kid's soccer ball outside and grass meticulously measured) and I think I may have paid less than 5 in multiple locations.

I had a supervising Broker and a formal business setting to learn my craft.. . learned the laws instead of learning how to do this reading cereal box's.. and practicing on good innocent Sellers and innocent buyers who if they had proper representation would not get screwed over and waste time by wholesalers who are ignorant and just starting out and learning how to do an industry...

If you have SOME king of modest marketing budget to start with, a purchased list of known note holders can be a great start... ypu just craft the right message (again, trial end error will bearout which message(s) work best for you) and mail to your list.

%s are nice to scope out which projects to look into further but when you are crafting an offer, it should be based on actual performance.Regarding turns, they should be included in maintenance and repairs.  

Whatever you try, be meticulous about testing it and pivot based on your findings.