Would love to see the letter when you can too.  

Most sellers will want to sell with an agent, putting their properties up on the MLS for everyone to see. The

Many areas have auctions that are investor to investors and you can go inside and see the property the day of the auction.

Helena CA  ( napa county wine country) just had a sting for unlicensed contractors.they used a bait house.. did craigs list adds etc.I can see the RE department doing the same thing.BAit house  get these wholesalers to come over and tell them their 200k house is only worth 80k lol

See Deduction over $500 for certain clothing or household items, later.If the property is valuable because it is old or unique, see the discussion under Paintings, Antiques, and Other Objects of Art.Used Clothing Used clothing and other personal items are usually worth far less than the price you paid for them.

However, you will not see the same rental income. 

Should I get an estimate from a home builder, see the zoning codes for the area, etc?

I looked all through the email and the only way to determine is to 'mouse-over' the link to see the actual link content.

I think over the next few years and perhaps long term, we will only see the prices go up with the rates being where they are, the competition that always exists between lenders, closing agents, etc., and the housing market staying stagnant.

As an investor and long-time resident of Durham, it sickens me to see the bandit signs up.