As a side note, my addendum has numerous weasel clauses that I don't really need.

Invite people to meet you there and chat away whenever you'd like!

That's what a forum is about and so far you are being very elusive.I understand your 50% rule of thumb completely, I just do not think it is accurate for all investments and I make a personal choice to use other calculations.I have said on numerous occassions that the 50% rule is simply a way of stating that the operating expenses in the United States for residential rentals run (average) 45% to 50% per year over time.

After reading numerous posts here i have a few thoughts to share.1.

Yes, I get a higher response rate from Postcards, but if I send a letter that is in a small envelope or looks like an invite, I get a much higher response than the letters sent that look just like every other piece of mail.I even remember hearing and investor that put a rubberband in his envelopes it felt thicker like something was in it, so people woudl open it to see what was inside.

When they moved out, there were over two dozen cigarette burns, and numerous dark stains.

I've seen numerous examples where various folks try to make a bad deal look better by throwing in long term appreciation.

I've had numerous wholesalers pass out "property request" sheets that ask about price range, location, and buying criteria.

Numerous bank errors resulted in enormous windfalls.

What a country.......they're honestly probably mad because he didn't invite them to the party, lol