Hi All-I am starting a direct mail campaign targeting 2-4 unit propertiesMy Criteria for my list: 50%+ equityAbsentee Owner (in state + out of state)investor activity in area (determined by cash sales over the past year)10 year population growth in the targeted zip codegenerally affordable median home price in targeted zip codeStrategy:Handwriting letters in blue ink (roughly 280 letters)colorful envelopes to draw attention with standard postage stampsGoing to make the letters brief, but show some level of context related to the specific propertyMail every 2 months, for 5-6 roundsAny Advice?

I'd recommend Stamford, simply because of the ease of commuting into the city.  

Originally, I had intended to simply have them transfer the deed to me subject to the existing financing or simply buy the house from them for what is owed on the house using a short term hard money loan, but the more i think about it, the more it might not be a good idea for any deed transfer.

This would have allowed you to determine what really needs to be done and how much it will cost.

There simply isn't.

How to practice analyzing deals the right way so when a deal comes along I don’t have to second guess myself and pass up on good deals because I’m not sure.Also I want to know how to analyze different markets to determine the which fits my needs the best.Thanks in advance for all the tips!!!

Prior to doing your calculations, I would talk to a mortgage broker to determine what your monthly out of pocket cost would be for a commercial loan with the mortgage you're looking to take on.

I would at least kind of need to know a number that your contractors will charge in order for me to determine if I want to use you or your contractors, so without any real scope of work done, I can't just sign a contract that needs me to take out $5000 of my budget.What are your thoughts?

The most common method of making connections is simply reaching out and asking for connections.The most successful investors are also the most efficient, and not only nail the follow up, but also take the time to really get to know and understand the ideal candidates for their next investing opportunity.Not all of us with the will and way have the means to develop a business idea to full potential.

We like to get some guest feedback from each house, and use that information to determine a theme, and inform the design process as we further develop the space.