I have rounded up a few investors and we'd like to purchase Multifamily Properties in Cleveland or Jacksonville.

Do they cash flow year round?

Also keep in mind the seasonality and that you might not be able to keep it occupied year round.

I sent one round of mailers before abandoning the effort to join my partner who has well established sources for NPNs.My thought process was to try a strategy laid out in this forum a few years back by Bill Gulley.

All round much higher risk.   

I live in Round Rock, Texas where my residence has been appreciating 7% per year, right now I have about 35-40k in equity.

Many of you may know that there is another one that has been meeting in Round Rock.

I self manage 5 from 8 hours away round trip.

It's painful to get a STR going and optimized, especially squeezing a square peg into a round hole.  

My plan is to send out postcards for my first round with a list I obtain from one of these sources, and then on the next round send letters so there is a change and they don’t feel spammed by the same piece of mailing.