that is a very good point (like all feedback above). here's how my mind works during the process. tell me what i am doing wrong...1. i finance all properties, so i need 25% down (55-75 purchase). that equates to around 20k at closing.2. spend around 10-15 ti fix up (so total of around 35k to get a house and get it ready)3. last house a contractor wanted 5k for: 10 interior doors, 10 cabinets with custom laminate counter, fix some plumbing (minor), dont even remember if the paint was included, blinds. i dont think it was. and that's just labor. not materials or anything.4. my holding costs are cheap - around 250-300 per month.since it takes me a awhile to gather 35k, i have the "luxury" to do stuff myself. also, the contractor wanted around 5k to do the work... that would be around 1yr of holding costs.but yes... i know i am missing on potential rental income. does this make sense?

You could also consider partnering with another newbie, but that cold result in the blind leading the blind and add less value to your endeavor than learning from someone with experience.As you can see, there really is no right answer to your question, and the "best" answer depends on what you are looking to get out of the partnership.

INSTALL 8 NEW WINDOW BLINDS.

I am not blinding sending 1500 letters.

@Corey Davis,I agree with you, but four years even a blind man can see the home owner is riding the system.Joe Gore

I have learned that if wise counsel is readily available, why go in blind?

Service dogs, that assist the blind for example, go through training with the owner in order to perform certain tasks.  

If the agent is fishing for offers (which she should tell you) and it's such a great deal, I would consider a blind offer.  

(Unless you have the budget to blind market).Play devils advocate as much as you can and step back and look at your offer through the eyes of your potential customer.

I would never tell anyone to go at it blind.