The letter should encourage the tenant to communicate so you can work something out.

The better comparison when evaluating what to invest a tax-sheltered retirement plan into is what else the plan could be investing in, and where you can find the best overall mix of security and income production.  

Yes, that restaurant better be adapted to the quick bite clientele than a grand sit-down for an hour especially in a busy part amidst a mobile crowdThere are generalizations to everything, but individual investors invest in specific real estate properties, and unless you are investing in REITs that are focused on one sector (say large retail like malls, etc), evaluate each property for its own merits and mix of tenants.

I suggest borrowing money from “Dad” and use a “Gift letter” - work out payback terms with Dad later. 2) If you’re thinking about doing a cash out refinance to pay-off your lender of the down payment you’re banking on the property appraising high enough to allow you to pull more out.

I see mixed responses here.

I can find most of the owner's information using my cities accessor website, but I want to see what some of you are doing and how your process works to efficiently send letters or contact some of these owners off-market. 

There are a lot of mixed use properties which could be great owner-occupied and small commercial like auto-body, landscaping etc.

Or you can hire an engineer and have them write letters explaining quality of work, materials used etc to verify that the work was done correctly. 

This is what I put in several "white letters." 

Would a seller be enticed to sell to a non-cash buyer with a SLIGHTLY higher offer and pre-approval letter?