This significantly increases your profit margins and allows for more reinvestment into other properties or projects.

The population, as per the US Census Bureau, is officially increasing as of 2023 for the first time in nearly 70 years.

These updates modernized the property, improved its curb appeal, and significantly increased its market value.

Our strategy is to purchase a multi-family unit that would allow us to occupy one unit and rent out the remaining units on a long term basis. 

I have a new property I'm putting on the market to rent.

It would likely double in value, rents would go up, and you would have twice what you are holding right now. 

My PM used to have a person who did the payments and every year around Feb, she'd send out an annual statement for your taxes showing how much you got in rent, spent in repairs and management fees. 

Find something you can live in and finance with low money down and can rent out the other sides, or rooms, and that you can also add value to. 

New to renting, looking for advice.Single family home valued around $1.1m.

65% of your success is the list, not the letter.I totally disagree with Jonathan about saying you will not lowball.You will, and then you look stupid.Unless you are a realtor and can offer listing solutions, I would say you will NOT pay full retail so you don't get all the calls of worthless leads that want full retail.The only reason to do this is if you are a rookie and want practice talking to people.Easier and cheaper practice is to go to craigslist or facebook marketplace and call landlords that are renting and ask them to buy.Your letter is fine, if you find a motivated seller, they will call.