It would seem those lower dollar level loans would be tailor made for a small time private lender.

The best way to tailor an offer to an individual seller is to find out two things:Reason for sellingWhat they are planning to do with the moneySince you know the first, offer to meet him for coffee and ask some questions about what his plans are.

How can I tailor my strategy to pick up their slack?

I am purchasing my first rental property in Memphis, TN (Bartlett area) and am trying to come up with the numbers for that area for capex that I should be setting aside after a rehab (assuming all the items are new, will need to tailor for the specific property I find).

These examples will be tailored to whomever created them and specific to their situation and/or state.

Depending on the county, you can get a good deal of marketable material out of public records, then use that to tailor your lists.  

Focus on one which is tailored to your state.

RE Agent- What: Ensure the energy and time they spend with a client is compensated; Why: Realtors don't work for free, Ask: to see their Buyers agent contract and if modifications can be made (specific property types or exclude other projects you are working on)- What: Client who has a clear set of search criteria; Why: efficient and focused property search; Ask: what search criteria do they need to tailor your search?

I may be off base, but it sounds as if you may be attempting to convince the appraiser to see things through your investor eyes rather than fully understanding and looking at it through their perspective and then tailoring your message and product accordingly.

I want to avoid having my attorney write one from scratch that is tailored for my use, but if that is the way to go then i will.