As a wholesaler, you don't want to be greedy, leave enough meat on the bone for your investor so he can pay you your fees and move on.  

Take a list and send half one letter and half a different one then track your results.FYI in MA it is $500 and $500/year after, then of course the other costs and obligations of having a company (Even if bare bones and poorly run:) ).  

@Stephen S.The man who owned this house before me did a very poor job of maintaining this boiler, and he allowed the air in the basement to be damp, which made it even worse.The 'bonnet' is the part in this picture that looks like a mushroom sitting on top of the boiler (this is not my image, i just google image searched it)http://www.merrypad.com/wp-content/uploads/2011/11...

@J Martin  - I'd love to invest locally where I live here in Fremont, but the numbers just don't make sense - at least not from a cash-flow perspective for somebody like me who isn't sitting on a boat-load of cash.

They do a lot of deals, but they don't like sitting behind a desk, sending postcards, taking calls, prescreening sellers, etc.

You'd better be sitting down when you open that bill...

No seller lists their property and wants it to sit on the market for 4 months.

Even before putting the numbers in the spreadsheet I have a good feeling about the properties and I am on the phone with my agent trying to schedule a viewing and put an offer.Step 5: Schedule In-Person Viewing: At this stage everything checks out and I am just making sure the property has good bones etc.

If kitchen doesn't need a remodel or that isn't in the budget,  stage it like a sun room,  rec room,  library/sitting room. 

Land was cheap up here in the 50s and 60s so most of these properties sit on a lot that can accommodate 2500-3500 square-foot new construction