I recommend a return address, we had a large number of bounce backs and were able to save some money by not mailing the same guys on Round 2 (yellow letters). 

First we need a few landlords in Austin, Cedar Park, Leander or Round Rock.

I could be a wholesaler tomorrow if I wanted; simply put something under contract and hawk it round buyers.

They will play around in the "mortgage modification" merry go round and/or file BK to stop any movement towards a foreclosure etc.   

That makes alot of sense to include a well rounded message.

Also look forward to a round of meetups in Seattle, Bellevue and Lakewood rolling out next month!

You will certainly want to make the rounds at local MeetUPs to get your name out there.

Say it rents for $1100/mo but we round down to $200 cashflow due to vancancy and what not. $200/house * 15houses * 12 months = $36000/yr income * 15 years = $540,000 with each house having a balance of $27k.

This is not a business of square pegs in round holes, in other words, one niche or system doesn't make a business.

Just using gross rounded numbers:Operations - 50%Vacancy     - 10%Prop Mgmt - 10%CapEx        - 10%That's 80% as a starting point before financing / any debt servicing.