Rather than mailing to every owner at 1,0000 addresses, maybe you can build a list of specific properties you are targeting and build a mailer list that way.

My CPA is telling me that because this is a duplex, it might be "aggressive" to file half of the property as a STR and the other half as a LTR and I could be targeted for an audit since this is a gray area of the tax code.

For those active in the performing note space, have you raised your minimum ROI or minimum interest rate to maturity calculations in the last 6 months?

For DSCR, @Nick Belsky's numbers are right on target. 

., but it won't help much if you don't know what kind of numbers you're targeting. 

If you know what your revenue targets are, you’ve met them, and you want to be able to relax over Christmas and NYE, then block off your calendar.

I'd also learn a lot about maintenance and managing tenants.Then, with my hands-on experience, I could decide if I wanted to repeat the process or target 5+ units - which my experience would help with lenders.Good luck with whatever you decide to do!

If there was a co-signer on the lease who had a decent credit score, then that would be the person I target.

It's in my target market How did you find this deal and how did you negotiate it?

We have been targeting fix/flips, BRRRRs, and small multifamily for about a year and half with a more recent focus on small multifamily to expand our portfolio.