The plus side is the airbnb supply has fallen and we have noticed a HUGE increase in our gross STR rents, roughly 20% higher then a year ago.

@Tom Dean - alright private message sent! 

I would go to $1,050 in year 1 and $1,250 in year 2 (or something similar) and provide ample notice.

The key is to generate a solid list that starts with high equity homeowners and you can layer on top other filters like Notice of Default, downsizer, absentee owner, etc.In my experience, the goal isn't to make someone consider an offer on their home, they're either going to be interested in selling or not, you can't control that, but you can control trying to figure out is they have any interest and finding out their motivation.

Tax delinquencies, Eviction notices, and just driving for dollars.

If they say they moved early, you go and it’s vacant, if they haven’t turned in key or notified you they’re all out, you may have to follow rules for abandonment, like posting notice.

A minimum of 10-15% down is required though Thanks, sent a private note to learn more.   

Maybe they could do some sort of private reverse mortgage?

Logan if you end up pricing $75K on this one, definitely get in touch with me since a 15% return is very attractive for our private equity fund acquisition. 

As an agent who works with a lot of investors, I have recently started to notice more and more that people will evaluate a property based on its current metrics, and write it off.