There's definitely a place for "casual" and some humor in direct mail letters, but we still have to maintain some level of professionalism to make sure folks more mature than we are take us seriously.  

But I can say from experience that in NYC it is tremendously challenging and expensive (for the landlord) as legislation was passed at the state level in New York a few years ago, and then enhanced even further in the city specifically.1) 60% (or 51%?

I think it is because they are stacked one on top of the other and each residence is a whole level of the building, whereas a duplex is usually side by side.

@Mark BroganI would think that with good screening this person would have been weeded out as a non-motivated seller prior to standing in front of them and having it told to you.Digging deeper should have elicited this response over the phone, thus saving you time and/or giving you a much better starting point when face to face.

Agreed and from what I have seen so far, you can get a good read on the health of the town based on level of downtown revitalization efforts.

The level of growth in rent prices is unsustainable in the long run.

After a bunch of reading here on the forums and blogs and countless books, I've decided that I like the idea of incorporating either with an LLC or S-Corp or perhaps another entity for the added level of personal asset protection. 

Get paid at closingWholesaling is not what I would call a rookie level skill.  

If the line touches ANY part of the house (deck, garage, anything), then you are in that zone - unless you can prove to FEMA that the lowest elevation of the house is above the level indicated for that zone on the map.

To give you an example, there's something called the loan level price adjustment, which in layman's terms means that those who will not owner occupied, have a less-than-perfect credit score, higher debt to income ratio, etc., pay a higher rate.