I recently purchased a home for 35K that the owner originally listed for 60K, after about 1 month he dropped the price to 50k but those numbers still didnt work for me.  

Higher interest, drops of desperation.

They will give you a sign to post on your property Unauthorized Vehicles towed at owner expense.. it lists name of towing company so anyone that left thier car knows who to contact because it's missing.Then Call police, tell them you had a car dropped off in your parking lot and don't know who it belongs to .. they will run the plates.. ask if you can have it towed as you weren't sure if it could have been a stolen vehicle, just dropped off or what...

I wouldn't place my hope in 2017 being a great year on one mail drop of 1,000 names. 

IF you aren't there (like if you left to get some food), then you have to go in pay a $30 fee to reschedule, and hope they can fit you in quickly again.If the temps drop below 15 degrees, all evictions are waived off/postponed.Here is the link: http://www.cookcountysheriff.com/faq/faq_evictions.html

If they aren't biting on that then you can drop the hammer and serve them with the 5-day.

Hi @David Carlton Carley,Feel free to drop me a line.

This is more difficult than it sounds, and not just because the cap rate is hard to pin down.  

Drop me a line. 

Thanks for the advice @Connelly Hayward , I'll be buying under an LLC so I should probably revise my rate up to 7 or 8% which would drop cash flow to 2.3 - 2.8k and ROI to 10 - 13%.