I'd address it to the deceased owner, but since it's a yellow letter, I wouldn't mention his/her passing anywhere in the letter

Not me - but the numbers can't be crazy bad or I'll pass. 

I have decided to start direct marketing to absentee owners, primarily to find investment opportunities for myself, but with intentions of passing along deals to other investors if it doesn't meet my criteria.  

Bedrooms and bathroom upstairs, and living room, dining room, kitchen and laundry on first floor, and access to basement.Building needs some repair since its old, but being that its fully rented I assume there aren't any major problems or it would not have passed inspection.Mortgage on it was taken out for 118k back in Dec. 2011.City taxes are $7273 annually and school taxes are $5510 annually.For the attached building:a mortgage was taken out for $27700 back in April 2010.City taxes are $3602 annually and school taxes are $3322 annually.So I was thinking of buying both to have 6 units and a commercial space to rent out for a convenience store or something of the sort.

All income from an S-Corp passes through to the individual owners' personal 1040 return.  

If you have interest, let me know and I'll pass along her contact info.Take care & God bless!

If prospect A looks good then I find out the background check is bad, I move on, but if they pass then I would refund the other background check fees since I didn't pay for a background check.  

Do you pass on it? 

It's probably just something I should pass on, but I wanted to hear what others thought.

From pictures the property appears to be 75% renovated. ARV should be around 45K and should be able to easily rent for $90047XX N 30th St, California, Milwaukee, WI (PM for complete address)Built ~1905~1500 sq ft3bed,...