My goals for RE -  Create WIN/WIN situations for everybody involved in a deal, but understanding that WE need to make money to become efficient.- Creating a presence in the local market and working with other investors / realtors.

Im trying to be very cost/price efficient.

To address the first question, all real estate will experience cycles. 

Many are tied into local networks for efficiently flipping properties.

I have a home that is right at 81 pecent LTV or Loan to value I live in Jacksonville Fl .I initially financed the home as an investment property and have asked the Mortgage company to drop the PMI insurance.They state that the LTV should be at 70 percent and if the property is appraised by their people and meets the 70 baseline they will drop the PMI insurance.I* reside in the home have homestead on the house and have the address on my drivers license.

Also, the town requires a permit to park in the street, they address this through requiring a CO for each new tenant.

In my yellow letter i have a email address that they can hit to be removed from my mailing list.

I take a picture of the list w my phone each week then research the owner's address.

To get the FMV for the address of the property your thinking of purchasing, find a realtor in that area.  

Hi Ashley,I would just send them a yellow letter with handwritten address on the envelope.