The two methods being utilized are Income Capitalization and Sales Comps.

Can anyone describe a case where this method would work?

If you don’t like this method, then spend all of your effort on your postcard getting them to visit your website and convert them there.

You could work up your own comparables and use those.I've used all three methods for various different purposes.

I like the simple interest calc based on 365 days X daily balance vs the other methods of interest calculation. 

I want to get into the BRRRR method and I don’t know what’s the best way to start.

I am having trouble one on part of the BRRRR Method.

Don’t give up, real estate is profitable, but also frustrating at times, learn from other people's mistakes.Here are my quick tips to getting started:Watchthis video 4 Reasons Why New Real EstateInvestors FAILFourSquare Method for analyzing deals CalculatingNumbers on a Rental Property [Using The Four Square Method!]

We spend a lot of time with our investors helping them to build an over all financial strategy, learn the benefits of investing in real estate, navigate complicated topics such as; creative financing methods, tax strategies, entity structuring, 1031 exchanges, cost segregation studies, market analysis, etc. 

I had read Rich Dad, Poor Dad; The 4 Hour Work Week, I Will Teach You to Be Rich and many other books in that category that why I decided to focus on REI as my method to build wealth and hopefully reach financial independent.