End of the day though, it only takes 1 person out of the 4000 you mail to actually open it and the profit you make from that more than makes up for that batch of mailing.Since you're smart and running a long campaign, even if one batch gets a lower response rate you're still cultivating the seeds you planted many batches ago.

First question is, is this even worth pursuing?

First question is, is this even worth pursuing?

Does the 50% rule apply in DFW markets (Save half for repairs/expenses, pay the bank from the other half, remaining cash is actual profit)?

For this agents would have to input the data into Zillow and share with the same beast that sells their own information back to them, at a profit.

I guess I wasn't clear if you are the Buyer or Seller of the Lease to own example.Sellers profit by taking a down payment from people who don't traditionally qualify for a home loan.

If we had suddenly decided to venture into this without land, buying land would immediately kill any profitability. 

MUCH profit to you.

If you can live there another 10 months then you won't get taxed on the profit when you sell.

Any perceived profit will get eaten up by transfer fees.As far as your rehab budget, 5-10K will get you 1 thing.