If I think back on the investors and who they were I can describe this in few categories1. burnt out landlords that sold their property and just wanted to clip coupons. they understood real estate and equity at least in the SF Bay Area they were all local basically. 2.

You can "lock-in" your growth (and still get the coupon). 

Except in the most secure investments, such as zero coupon bonds, a yield is not a guarantee.

Every year our inboxes are inundated with birthday wishes, free add on gifts and coupons from businesses we gave our email to. 

They are a tad slow but you can often find 50% off coupons and free shipping if you look

I cut coupons. 

Also, taking strategic acquisition approach in purchasing especially in a  depressed market is like couponing at a huge sale and then adding a coupon on top of the bulk discounted price.  

They prefer to receive electronic bank statements, use digital coupons, and pay their bills online.

We always send tenants a birthday card and during the holidays we send tenants 2 dinner coupons and a movie ticket and with a hand written thank you card from everyone on the staff.

Hi David, well since you did not escrow taxes or insurance and if you're coupon rate is over 5% you're probably not in compliance with with cfpb.