We don't think taking a risk that could lead to a letter, which requires response time, is worth it when you can spend an hour proactively to 100% avoid that.

I know there are lots of wholesalers working it there as we get calls, emails and letters all the time. 

We rehabbed the interior, and we just got a letter from the HOA indicating that we’re getting a new roof and siding- paid for in full by insurance!

On day 6 you can send a demand letter that in VA we call a 5 Day Pay or Quit.  

The sellers agent is requesting that I give them my loan commitment letter even after contract has been signed.

If its only 1-2 people you might want to have a conversation before just sending them a letter increasing the rent. 

She send a 5-page demand letter on February 28th.

Make sure you are able to verify your financing in writing with a pre approval letter or proof of funds. 

ask for estopel letters. one for each tenant (signed by tenant) showing amount of rent and amount of security.

It's a pretty simple process, especially if you work a 9-5 job for a company (being self-employed like I am meant more paperwork when it came to getting a FHA-loan).With a prequalification letter in-hand a realtor will know you're quite serious about buying and you can begin the process to purchasing your first investment property.