Because later, you can easily use it as your mailing list!

The LTR passive losses are reported on Schedule E and are not applicable to W2 income as I am not a real estate professional and earned above a certain threshold. 

Pretty catchy IMO.....VRBOs money would be much better spent hiring better talent on the app/web development side.

Then take that data and skip trace it for numbers email etc.

There are several options for skip tracing to find phone numbers and email addresses.

ANDAt least 5% ownerYou might want to check out this thread with sample REPS Log / Activity tracker that meets IRS guidelines https://www.biggerpockets.com/forums/51/topics/816680-real-e... 

You'd be surprised at how the simple things, like answering an email within 24-48 hours versus two weeks (or never!)

I uploaded my property on their platform but I got an email last week saying their platform is updating so they will be uploading for owners until the update ends. 

Lots of wrong/bad numbers and high email bounce rate.

Too many scammers out there.For the recipients, you can mail them a printed copy, email it or even email a substitute statement.