We are extraordinarily grateful for the opportunity, even more so for those of us who have had others dictate our pay rate.

Once the property comes into the city  Next 5 to 10 years.. it gets upzoned to resi and commercial.. value shoots from 50k an acre to over 650k an acre or 76,000,000  .. now of course depending on when this happens will dictate the return but we might have only 2 mil  in cash in it over  10 year period.. small group of mid 30s successful business guys here In Oregon who each took it in their roth.. so less than 10k a year so maybe invest 100k or so over the 10 year and get well in excess of 2 to 3 mil tax free.. 

Your market really dictates that, but in my opinion I would add a slight premium knowing they will only stay short term. 

@Robyn Joy I have no idea what California law dictates, but it is pretty common in a roommate situation that when one moves out, that the deposit stay with the landlord and the deposit situation be worked out amongst the roommates.  

The effective ROI on the $100,000 is actually just 7.5%.Although lenders may dictate the terms they are willing to lend, experienced investors like myself also must AGREE to their dictated terms.  

Even people whose circumstances would normally dictate a reduced sale price are asking and getting withing a few percentage points of what stuff is selling for on MLS.

Anyway, I can't do this because my wife owns half our company and she is licensed -- RESPA dictates that licensed agents/sellers are not allowed to "steer" buyers to a particular broker.

No matter your method of contacting people, it is how you do your method that dictates success.I read your comment about not believing in direct mail (paraphrasing), and I felt compelled to respond to that.

One other point, your servicer should not be dictating which attorney you work with. 

I understand that you have cash, but that doesn't mean you don't need more for an investment and that will help dictate your decision in this situation.