Also, please check spam just to double check.

You may have been lucky to do the napkin approach on your first two but I certainly would not gamble the rest of my investment career on that approach, itbwont be long before you run into a large mistake.Properties with 5 or more units moves you into the "commercial" financing realm of the business and that is where the switch from comparable to income approach valuations changes.

@Austin Hughes Make sure its not going to their spam folder.

I am not looking to spam or I am not listing anything that I have not bought and paid for, so this is all above board. 

Job loss, deaths, moving into care homes, blah blahKeyword spam: Toronto Hamilton London Ottawa Cambridge Waterloo Windsor

It sounds like the standard spam in the mail.

Maybe they're gambling on appreciation? 

I doubt spamming people with the merits of BP is going to make you the kind of connections you are looking for.

But if he came to me with such a plan - essentially gambling with MY retirement - I'd kindly but gently tell him to think of something else.You're asking him to take a HUGE risk on deals you don't even have identified yet - and hope like hell that you can turn 3 deals at $36,000 each in a year.You're just now getting started, so you have NO track record.  

This is conservative, when you're quietly bankrupt you can't afford to gamble with your money, so keep it close and make it count toward the ultimate goal, financial freedom!