This makes sense since the PM has a system already in place, knows the community and the clientele, and probably has much better resources than the out-of-state investor has.  

Generally your target monthly rent should be a minimum 1% of the total value of the property.

I've thought of just sending a handwritten letter as well but I'm too impatient for that since it's one property rather then targeting a group of properties.

The target property is a nn-warrantable condo.

There are plenty of good resourceful people on BP and not all of them attend REIAs.Best of luck to you!

It also includes links to other resources. 

Having said that, I knew I am not effectively deploying my available resources so far by keeping debt free and leaving all my home equity 100% idle. 

I need to target Intel populated areas.

On our own projects, we always make our own assessments of rental rates, and there are numerous resources for this data once you know where to look.You need to determine the business plan, i.e. duplexes vs. larger project, then have an architect layout the design on your chosen path, then run a set of number (proforma) to determine feasibility.

Here is another resource I found on BP that talks about pros and cons of LLC.