The letter should introduce yourself as an investor, saying that you are currently actively buying in the area and that you thought their building can be a good fit to your portfolio provided it meets your criteria. 

I am hesitant to even consider a sale, as Google has just bought up a big chunk of land not ten minutes walking from the property and plans to build a campus, shopping, restaurants, etc.

Fifth third and huntington have given me 30 year fixed conventional loans on several properties.It must however fit the criteria:25% downFour units or lessCredit and income worthyProperty must appraise

DR and Lennar basically will only buy ready to build lots.. so I have a few larger projects in the works.. 92 lots and 164 lots.. that they swear ( pinky Swear) they will buy from me when I get them shovel ready.. 7 to 10 million dollar risk and they could say no if they don't like what the market is doing.. the 92 I am going to do if they don't buy it I will build it.. the 164 I have to flip or I will not exercise my option at walk away from about 250k in cash I Have in it presently.. but that's the land game .. big risk big reward.. if the 164 goes right I will make about 4 million on  the same 250k invested.. roll the dice right ???  

I am now thinking a brrrr may be better as there are some foreclosures that may fit the bill.

Although my buyers are mostly flippers maybe I can find you something that fits your criteria and isn't in the ghetto? 

The fact that it's taken you a month to find contractors for basic repairs demonstrates you are incapable of performing as a property manager on this particular home.I request termination of the contract and a return of my earnest money deposit no later than April XX, 2018.If they refuse, hire an attorney.I don't know your state law or your contract but the seller typically can't do anything to you for walking away from the deal.

As long as Infind deals thay fit these requirements, I can access the capital). 

I feel that there is more costly unknowns than upside so ultimately ill walk away from this and do a 6 month follow up call. 

The more I discuss this deal with you guys in the forum the more I realize I need to listen and walk away.