But upon contacting a company that can do the letters for me, I was told that I will need to go and get my own list, because they don't have Canadian customers.I tried to google how to get a list in Canada and I found out that Canada post can rent you a list.This means that I can only target my list based on neighborhood, which is a good start.But for anyone who have been successful with yellow letters in Canada, can you please share how you targeted your marketing efforts, how you saved on postage (almost $1 now), and other tips and recommendations for me.Thanks for your help

My target renter is likely military with dependents ( IE Sergeant making $1100 BAH).

(Target buyers will be first time homeowners)

A note is not a property and a property is not a note.NPN - again, no rules, but if you have a "clean" asset, and you have to foreclose... 50% or less of the lesser of UPB or GOOD BPO value is a target to look at.

I work in targeted mailings, not broad advertisement as my broker won't allow it, but I'm okay with that for now until I build it up enough to get my brokers' license.  

Those are the types of owners and mismanaged properties that many investors on BP target for acquisition and adding market value through proper management of the asset.  

Which neighborhoods are you targeting?

(never stop negotiating - ask for buyer incentives - the furniture, car in garage, money back at settlement, possession - delayed settlement - subject to existing financing - offer a hybrid arrangement, financing secured by other property, no interest mortgage - split note financing - re-fi for take over/assumption)Always consider second stage negotiations for price reduction (give good reasons - exposed repairs after inspection - other issues found)Use safety contingent clauses in the event 3rd party assignee is not locatedSince you are doing your due diligence this target building - you should look for expired listing in the area and make offers on them also.

Target an area (neighborhood) and "farm it".  5-7 targeted messages using different types of media.  

As for me, if I'm investing 50k, I want to see a cash on cash return of a minimum of 14%, with 20% being my target.