So should I send a letter?

I'm about a block away from Solano so hopefully the (potential) rent would cover my expenses...especially the property tax!

How do you get your cash buyer to fund the deal by putting their money in escrow before the transactional finder gives you the proof of funds letter?

Both properties were the result of direct mail campaigns, so this approach definitely works for small multifamily.Go to Listsource.com or another list vendor and build your list with your desired property criteria, then either do your own letters, or use a site like yellowletters.com to handle your mail campaigns.

The investors we support typically are buying 3/2 or 2/2 block homes with no pool (for liability reasons).These are HUD houses, and usually only need a light to medium rehab.In the area you described, the rental market is strong, just make sure you have a good screening process.

I sent over the Notice of New Landlord letter and the tenant told me she was going to file bankruptcy (so she wouldn't have to pay rent I'm guessing).

I finally sent a letter to the wife.

Hello Jake,Are you wanting to wholesale the property, if so you would need to write them a letter explaining that you would like to purchase the house.

:PRealtors would get pissed at me if I started writing census tracts on preapproval letters, which is why you do not hear a lot about it. 

There is a distressed 1bd/1ba duplex on the same block as 2 homes I'm getting.