Direct Mail when starting off

[Donald S.]

Hi everyone, 

So I'm looking into starting a direct mail campaign to start finding deals, as I keep hearing especially on BP Podcasts, that it is the most effective (and cost effective) way of finding truly off market deals. My question is twofold stemming from the same core issue. 

1. Is it worth it to spend ~$1000/month or 2 on Direct mail marketing if I could only do maybe one deal at a time, that is one every 6 months or so unless I can find a partner or investors. 

2. Is it worth doing Direct mail at all when I would have to use either hard money (if I can find a good enough BRRRR property), or conventional loans? Since I wouldn't be a "cash" buyer I'm not sure if it would really be effective.

I'm wanting to get into small multifamily landlord properties using BRRRR preferably.

Thanks everyone for any help or suggestions.

p.s. question: What should I actually put on the postcards or yellow letters? I'm thinking postcards because I hear they give a better return ratio on calls/deals.