@Grant Shipman you may want to remove this line, "I've developed, use with all my coliving properties, and teach HPM (household-led property management)" as it appears to be self-promotion.

@Matthew BonaskiAbsolutely, and that perspective aligns perfectly with how real expertise is developed in our industry.

Quote from @Marcus Ball: After struggling with local rehab properties in California, I switched to build-to-rent developers and chose a 1031 exchange.

Today those properties are some of my best performing rentals and reopened my eyes to long term rental ownership.Everything I do is still heavy value add or ground up development but holding long term has changed how I underwrite and design projects compared to a scenario where the real estate is sold immediately after completion.First, I can justify using higher quality and more durable fixtures and materials.

You can still find properties around 120K–180K that hit the 1% rule and produce real cash flow, plus there’s strong appreciation potential because of all the development happening.

You can still find properties in ranges where the 1% rule is possible depending on how you buy, and there’s a ton of appreciation upside because of all the development and job migration happening.

Keep the letter short and include photos.Third, consider connecting with local builders or developers.

Getting really skilled at cold calling is a highly challenging, but if you seriously invest in developing your own skillset, you can crush it with cold outbound...because you don't sound like 'just another salesperson.'"

I am a developer & land specialist in Florida.

Yes we were successful winning bidding wars 3 months ago using the family postcard technique;) Basically, we added a cute picture of our family along with our offers (which were based on conventional financing) and our “humanity” made us win over the cash offers.