Yeah, send like the verbal method is more sensible when throwing out offers.

If you've got any experience that you think might be helpful to share with our audience, I'd suggest creating a "real estate success stories" post Feel free to reach out to me if you have any trouble using BiggerPockets, or need any help determining how best to connect with folks!

@James LawrenceI'm going to throw out a radical idea here.

Actually, as my mentor taught me years ago, your actual buyer is just a stones throw away.  

Plus he will throw in a duplex.

Especially if you can live there and even rent a couple rooms while you are still renovating ... that means you aren't holding up revenue because of waiting for the renovations to be finished - this allows you to take your time, etc. etc.If you can throw a little more money at it sooner and get it all done faster, you can use a HELOC to pull that money back out once the work is done, based on assuming that the property value will have increased because of the work you did.I love the Homestyle loan (which I think is better than the FHA 203K option), but only if you need it.  

I scan sites like Trulia to check out rents based off sq ft and throw in 50% expenses, 10% PM, 8% vacancy, 3.5% mortgage, and 5% down-payment.

I realize that you just bought the place this year, so it might not be a big deal, but I thought I would throw it out there for you to consider.

At this point you already have spoken to them (Property owners), eliminating the need to wait for them to throw your mailer away 5 times before opening it, increasing their time to respond rate, and money of course.

Most of the properties we purchase are about $1,000 total price.We double and tipple our money on cash sales or throw off a 50% annual return for more than 10 years.