Estimated completion, 6/1/19.Estimated Rents= Main Level= $1,800/M. 

Welcome and what wonderful skills you bring. 

There is no rule saying you have to leverage at the maximum level.

Hi All-I am starting a direct mail campaign targeting 2-4 unit propertiesMy Criteria for my list: 50%+ equityAbsentee Owner (in state + out of state)investor activity in area (determined by cash sales over the past year)10 year population growth in the targeted zip codegenerally affordable median home price in targeted zip codeStrategy:Handwriting letters in blue ink (roughly 280 letters)colorful envelopes to draw attention with standard postage stampsGoing to make the letters brief, but show some level of context related to the specific propertyMail every 2 months, for 5-6 roundsAny Advice?

What I bring to the table is:* strong analytical skills* come from a family of builders, so pretty proficient in finding the "gotchas" pretty quickly* fairly keen sense of aesthetics & what aspiring renters prefer* good knowledge of basic maintenance and repairs * 30+ years of marketing/marketing communications background* strong negotiating skillsWould love to connect with others in the area. 

Rent Control is everywhere because new people that plan to move those cities can't vote against these rent control laws that hurt them. and us landlord are hated micro minority.The only way to deal with these uneconomic laws is on the State and National level because it is in the best interest of the State and Federal government to extract much Tax as possible from rent.

JohnAn LLC is a pass through entity so it is taxed on the individual level not on an entity level.

Purchase price: $225,000 Cash invested: $30,000 Sale price: $340,000 Three level, single family home, 5 bedroom, 3 bathrooms.

It is hard starting out with no skills, no knowledge, and no money. 

When I see prices across the country at the levels they are, I’m thinking we are near or at the top of the bubble this cycle.