I'd suggest finding a lawyer in your area who specializes in real estate and have a consultation with them.

It looks like if the property does not redeem its best to hire a firm that specializes in servicing and noticing, Ned do you have a firm that does this for you or have you gained enough expertise to do this internally in your company? 

I call this a "heads up" letter.If mailed sufficiently well in advance of sale, I'll receive a number of nixies that I can skip-trace or reverse engineer to either find the owners or buy the lenders note and decide my best play forward.Second letter might contain some special message or attention getting device to encourage that letter gets opened and read and generates a lead call (call-to-action, also know as a CTA).Time permitting, I might segment the list further and create highly targeted, specialized letters that address a host of problems unique to their situation, which I call a "Perfect Storm" letter.Ultimately, my objective is to out-spend and out-research you as my same business rival.

Rental demand has been pretty strong in my area.The demand for flip properties is very intense in my area, but the competition for rentals isn't as bad, specially if you have cash to invest.Unless you are looking to invest for very short term, use the dollar cost averaging to diversify.

Materials get cheaper on specials and workers will work for less money.Not a roof expert but just my limited experience going through it.

Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.You might consider Niche or Specialized Housing like student housing.

You might consider Niche or Specialized Housing like student housing.

My central focus at this early stage in my real estate career is to learn about wholesaling, but I am open to learning about other specialized methods of real estate investing as well.I look forward to obtaining knowledge and exchanging ideas with all of you!

You might consider Niche or Specialized Housing like student housing.

You might consider Niche or Specialized Housing like student housing.