To start using direct mail with any statistically significant chance of success you'd need to put a few thousand dollars into it. 

Those are pretty statistics for real estate agents selling a house, but how long houses stay on the market before sold, how long a house stays vacant before rented, how much profit can be made, how much cash flow can be generated are what matters most.  

When I compiled statistics for the book, only 25% of my purchases came from the MLS, most of my purchases came from 20+ other sources than listed properties.

Useful life being a statistical figure initially, but should be realistically refined during the 3rd and 4th quarters of that life, adjusting the "remaining life" accordingly.The chart for "Annual Expenses by Component" is actually a "cash flow" view of the scheduled replacements based on the component summary "remaining life".Now for the bad news...back to that $10K per owner shortage, or underfunding, to correct that and get on track with the actual 30 year plan (and for the moment we will assume the "Total Cost" figures are reasonably close, and all major elements are included in the component list), your maintenance fee needs to be increased by $795 per month for 12 months.

That’s why statistics are so often of little use to society; they get twisted for benefit of argument when that only corrupts the underlying data and purposely so.

Consider the statistic that 95% of those wanting to invest in real estate actually fail.

On a $464,000 Investment, in 10 months, or about $9% annually.Mark TwIn said that there are three kind of lies, direct lies, indirect lies and statistics.  

If I’m remembering correctly I believe around 4-5 percent of American households are millionaires and less then 10 percent of that is above 5M so statistically you’re up there if you’re in excess of 5 or 10M.

This was a statistic when 4-year bachelors degrees was above average to have.

I was thinking about majoring in Finance and Statistics, but was curious if anything else would relate better to Real Estate.TIA for any responses and have a great day!