A tip that I received from one of the Bigger Pockets' books was to include a family picture at the bottom of your letter. 

It is this loan that provides you liquidity, and you can use these funds to buy another piece of real estate.The interest-only payments on the loan are funded by the payments you receive from the dealer on the installment sale contract.

We have one small requirement to notify the tenant that if they are in default, any payment we receive will be “received with reservation.”  

Money is hold in IOLTA AccountPlease don’t tell me the seller’s contractor is supposed to be repairing “your” house after you closed.Seller has not received my money so I presume no closing has taken place

Hey Everyone,I received a text from my tenant on the 4th of the month stated he would be late on rent and would pay on the 10th.

Document everything when new tenants move in. 

The education I received through the podcast was invaluable in giving me the knowledge and confidence to do the first deal.

The education I received through the podcast was invaluable in giving me the knowledge and confidence to do the first deal.

BiggerPockets also has a "Tools" tab above, hover your cursor over it and click "FilePlace"... here they have templates and documents that you might be able to search through and find what you're looking for.Once you have the LOI (otherwise known as an offer binder, offer sheet, deal sheet, etc), all you have to do is outline the terms of your offer: Proposed purchase price; deposit amount; total down payment; method of payment (cash, mortgage); contingencies (inspection, appraisal, etc); proposed contract date; proposed closing date and anything else outlined on the form or anything else you'd like to include. 

Just put in a contingency for an acceptable appraisal.If your concern is whether it ia good deal put a contingency in for a due dillegence period and ask for all appropriate documents to verify income and expenses.