(a) “Broker” means a person who, for another, and for a compensation or valuable consideration directly or indirectly paid or promised, expressly or impliedly, or with an intent to collect or receive a compensation or valuable consideration therefor, appraises, auctions, sells, exchanges, buys, rents, or offers, attempts or agrees to appraise, auction, or negotiate the sale, exchange, purchase, or rental of business enterprises or business opportunities or any real property or any interest in or concerning the same,... 

Spend a portion of your $5000 in direct mail/yellow letter marketing. or2.

I'm afraid I don't have any experience in direct marketing to owners, but the first step, if you haven't already, is to figure out who owns the property.  

For a guy just starting out you have pointed me in direction for some very valuable information that I did not even begin to consider.

In direct marketing, a typical response rate ranges from 1% to 5%, meaning you might receive around 10 to 50 calls from 1000 postcards.

Persistence definitely pays off in direct marketing.

We started with investing in direct mail and have chose wholesaling to build capital.  

I can't directly invest in downtown Chicago, so a little change in direction is needed but the same destination.Is HS High School?

To speak directly to your K1 question, the K1 is a report of your income gain or loss in direct correlation of your equity share percentage of the corporation invested in.

During underwriting they will check who is on title and see that the person buying appears to be dealing indirect or is paying a price that is higher than the original contract says (the difference between the initial deal and the deal after the assignment fee).