You would then have to get a Letter of Environmental Protection, which will lower the value of your property and raise your insurance rates.Deleading generally costs $3000-$5000 per unit.

What's an Approval Letter and why is it necessary?

I wouldn't tell the listing agent this if she/he called me as the lender when vetting offers, but it'll come down to a human judgement call on the part of the underwriter, how well I package it and write a good cover letter, etc, and not be one of those "oh slam dunk no brainer of course it will be 100% fine" type things.

I've been told the level of service quoted is for full setup of a business structure, new plan documents, and IRS determination letter, in order to utilize checkbook control. 

Hey guys, I am about to send out a Letter of Intent to a few buildings in the area and was wondering if you could give me some advice. 

Just a heads up that my numbers are roughly 1 deal per 1000 letters.

Or just write a letter to the neighbors and say your are interested in buying their house.

You could drive for dollars, send out yellow letters, look on the MLS, look on craigslist, auctions, For Sale By Owner, even just telling everyone you know that you're looking for a deal.

I don't door knock anymore or wholesale on purpose, but I do mail pre-foreclosures and vacant, high-grass houses.To get a letter or postcard from me, the pre-foreclosure must have equity.  

@Jay Orlauski,Cheers, no problem.One big take-away for me was also that the owners of the real estate stood to make a crap ton more than the sub-letters, overall.And also that wholesaling isn't really the best low-barrier-to-entry way to get into REI any more.