For example mine is about self managing, work with class A properties, making a profit with tight number, working with a transient career, etc. 

Some background: I have a steady, professional career in San Jose, CA and around 60K of cash.

That's the minimum acceptable condition of the property that HUD requires before they allow the lender to convey the home over to HUD and pay the (mortgage insurance) claim.A lender may have their field contractor go out to get the property ICC only to have it vandalized, stripped, etc, then they have to get new bids and fix new damages.

Well here I am to make it right.I started my investing career shortly after graduating college, purchasing my first house in mid 2006 here in Central Fl with big plans to make money and roll it into additional purchases. 

@Bernadette Fields  welcome to BP.

I have been really working on calculating my next step in my real estate career and have noticed that the wholesalers I've been able to connect with are focused on the eastside.  

If you are thinking of setting up a fund, talk to a good attorney in the field, they'll know what is market in your area and have an idea of what the investors are used to seeing.     

So Let me tell you about my week. I found a Multi-Family home on Craigslist for 179K. Rehab of 17k (previous work recently done)with a AVR of 213K. Contacted the seller to submit an offer of $150K simply because i see...

I don't know your level of experience with this field, but I just advise you to tread with caution.

So why would you want to spend money on direct mail, etc.. when real estate agents are in the field every day.