I have a small list of leads on vacant or run down homes that I would like to send mailers out in hopes to purchase the homes.

Setting specific objectives can help you stay focused on your long-term vision and will direct your financial decisions.Act: While networking and education are important, don't wait to act and begin examining possible offers.

I have come across several small condos as nightly rental.

IMO, direct REI is too much work to only earn the cap rate.

Of course, not as directly labor intensive as what you are embarking upon, good luck in your endeavor.Amazon.com: The Hands-Off Investor: An Insider’s Guide to Investing in Passive Real Estate Syndications: 9781947200272: Burke, Brian: Books

There is another group I work directly with at Google. 

I bought my first home in 2021, which was quite the roller coaster, and in 2022, I closed on a small piece of vacant land all by myself, despite some fears.

I am looking for light value-add Class B small multifamily 2-4 units in Houston TX, preferably Friendswood, Webster, Pearland, League City or nearby areas that can be positioned as Mid Term or Short Term Rental.  

Some small repairs made and mostly staging What was the outcome?

I use a paid database to scan for offmarket properties and direct mail marketing but no luck so far after 3 months of outreach.