-It seems there is also a personality component to this question. 

If you do it this way it's going to take a lot of time, and that can be a detriment to you and your business.

What if a key component of the contract gets misused in translation?

The city of Portland also recently passed inclusionary zoning mandates that require any multifamily development that has over 20 units include 20% of affordable housing component. 

I like this, in that it's far easier to move factories away to another state or abroad, compared to huge healthcare facilities with significant research components, and which serve lots of patients, both locally and from farther away.6.

Looks like they have some recourse that can be very detrimental to the buyer.

You have two components: tax lien certificates, and tax deed sales.

It sounds like your area is competitive like mine is and I've found that getting yourself noticed IS a major component to getting your prospect to open, call and remember you.  

But my partner said his mentor mentioned a more emotional sentimental component on handwriting the letters.

Although cash flow is important, it's only one component of returns.