What correspondence do you have with your partners on using your construction company?

Here are some ideas for additional research in your market:- Determine your budget for purchase of a property and the corresponding location and monthly rental amount that you'd need to generate the return you are looking for. 

FCI adds all correspondence to the account servicing notes, so I have a nice consolidated history on their portal. 

So your SMS campign looks like this:3000 messages a day = 90,000 a month (not 60,000)This means that in 6 months you have sent 540,000 messagesWith a 12% response rate over 6 months, this corresponds to 64,800 responses in 6 months.This corresponds to 360 responses a day.You said that you sent 3000 messages a day. 

IRS Form 8824 ReportingTherefore, since we have a simultaneous 1031 exchange, the dates to be used on Form 8824 would be the dates corresponding to the simultaneous exchange.

Maybe correspond in writing (texting) when they call you, letting them know when to expect repairs (next week).

Pure RE companies usually operate at 1.60 debt equity leverage ratio, which corresponds to to a constant LTV of 60%.Another topic I see emerging here is the flight for yield.

Here is something I read on an Exeter article "Partnerships can dispose of real property and defer the corresponding income tax liabilities by acquiring like-kind replacement property as part of a 1031 Exchange transaction provided the 1031 Exchange is completed at the partnership level." 

@Shrikant Kakani anything that cashflows right now, will come with risk.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

I know that it's just business and nothing personal, and also that list price doesn't necessarily correspond with value, but I still don't want to waste my time (and my realtor's) if throwing out a bunch of 50-60% offers is sure to receive a bunch of rejections due to my expectations being so wildly different from the seller's.2) Is 10% too aggressive of a target ROI for today's market in this area?