I write letters to make the first contact.

Do I send the offer on an actual real estate contract (I am in Florida) or is there a shorter letter  of intent that I can send the offer on?

I would take a shot at putting together a nice personal letter and sending it to some multi-family owners.  

If it does, then you can send a letter to the tenant(s) and provide them notice of the new management arrangement.

We've seen lots of investors achieve FIRE in Metro Detroit, hence the name ;)Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C+, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, mortgage, Amazon fulfillment, and more jobs.The bad reputation comes from OOS investors wanting $20k D market properties.

Consider writing a letter to the homeowner, especially if the owner is a homeowner and not an investor, especially if it is a home owner that has owned for a very long time.

Usually you could not change the rent before the end of their current leases.My advice: promise nothing, give them new address or online tool for payments, official letter (paper) that you are a new landlord and collect their concerns, needs, maintenance request.

Our thoughts are to 1)call and ask the other tenants if they have noticed any odd smells 2)send written letter to each tenant suggesting they call us if they notice any odd smells.  

If you type @ and a few letters of the name, the full name should pop up in the bottom left corner and you can click on them.Cheers!

He said he found a box of letters with my address dumped in rubbish on the side of the road.