Or is it not a lead until the owner responds to a marketing letter?

My mentor suggests that a PROPERLY executed yellow letter campaign (search the forums here) will yield an 11%-15% response rate IF the mailing list is targeted.Out of those responses who were motivated enough to respond, about 1 in 25 will be a deal(high motivation, high equity).

You may want to throw some of your ideas around here and see who responds?

If you would also respond with what area(s) you were doing this marketing in.

I can't believe I actually went over to Google "CASH BUYERS ONLY REAL ESTATE" after reading my first message from Ryan, when here you were, responding as I was doing that silly Googling thing.

I guess things are different in Philadelphia, our cops respond to our issues in a timely manner.

This thread is a bit old, however as the first responder suggested I've seen and heard many times the best suggestion is to use Kilz on the subfloor, of course replacing the bad soaked through sections.On Tile - I've personally used baking soda/water and a scrub brush - was time consuming and hard on the back, however rubbed the baking soda with a bit of water into the grout, let it sit for 2-3 days, then came back and cleaned the baking soda up with water and a final cleaning with another cleaning solution - good as new and no smell.Guess it would depend on the severity of the problem for the solution.

I understand your point of view, but there is a professional way to respond to homeowner complaints without calling the person who paid you cheap. 

No, mine doesn't work that quick, I keep getting....biggerpockets dot com is not responding;my approach is secret, buy it entails a statistical analysis of probability of the rate of responses between now and the 999,999th post factoring in the rate of change in activity expected as the posts increase.

Since it is the sellers counter-offer, isn't he/she obligated in some way to respond to his/her own offer?