Lots of info, but spread out and relatable. 

This is easiest when you have a big network in the area of the property as word of mouth spreads fast.May find lots of tire kickers, but these are pretty simple and cost effective ways to get things rolling.

If you're paying much over market price, there's a problem in how the company does business up the line - they should be making money on the purchase+rehab/ sale price spread because they can execute rehabs cheaply and efficiently due to economies of scale.

Putting aside the fact I would never mail a yellow letter because of my model, you can do better than sending a mail piece since you are spending considerable energy building the list.Sign up with BeenVerified or Intellius to find phone numbers, e-mails, social media pages.

The issue is he's got homes spread over several states. 5 in total. 

This is simply done by over-funding my policy, borrowing the money out at 4% or 5% to purchase the note, and making the spread.

The spreads have to be there as well even if you check a couple times a year, its going to cut into your earnings a bit..... 

I self manage 38 rentals spread over the North half of GA, some 20 min away, some 1hr some 1.5 hr.  

I currently have 9 units spread over three properties and am under contract for adding a duplex.

locally I've seen a number of posts to social media from renters who are having a hard time getting in touch with their landlords and/or getting them to deal with damage that's made the house unsafe or uninhabitable because of a downed tree or other obstruction.