Use "oncarrot.com" Theres a 30 day trial for like 1 dollar i believe. check it out.If u pick direct mail or bandit signs, u don't need a website.

You need to get to the seller's base line price and than make a Trial Offer.There is lots of information I'd need to know before moving forward with a trial offer a purchase or a control situation.how long has he been trying to sellwhen did he buy it, was it listed, for how long, how many times has the price been reduceddoes he have a capital gains tax to payhow much does he owe, are the payments current, first and second mortgagees?

It's all trial and error.

I know there will be a little variation based on size and condition, but I wanted to see if there was some expected industry standard.

This will generate the highest response rate, however there are tons of variations of this letter and many others.

I moved to a brand new market myself two years ago and for me to learn my market there was no substitute for talking to local market investors, business owners, non-real estate people, and the internet, along with some trial and error.

I understand the numbers are just opinions of value and I expected a variation of 10-20%...but 50%?

More Less...Just some large variations to come up to todays value.

There are plenty of option and variations you can do.  

House hacking is a great idea, and there are several variations on the theme.