(high perceived value promotion but the "prize" only goes to people who sell you their house, presumably at a good discount to ARV - repairs).That's my challenge to you guys in 2017 not just for direct mail but for your marketing in general - THINK DIFFERENT, BE DIFFERENT.  

There is a difference in low-balling a seller who is represented by an agent with a fiduciary duty to represent their interests and who is obligated to obtain the best possible price for the seller's property and buying a property from someone who may (or may not) have made one or more misrepresentations to a possibly poorly informed seller regarding a properties' value, the wholesaler's willingness and ability to close, and the marketing ability of the wholesaler-- keeping in mind that is is illegal in Ohio for the wholesaler to market a property that they don't own without a license.I focus on multi-family and It does seem 'safer' to buy multi-family properties from a wholesaler, when most of the time the owner is an investor who presumably knows how to value the property.

Since you are only buying one property at a time (presumably), you theoretically only need one lead which becomes a qualified prospect and converts to a closed deal. 

If you plan to keep this property a lifetime- and you take 50% of it's life's deductions up front.....In those later years as presumably your rents go up, income should be higher...you can have more taxable income. 

So let's say in total, the value is ~30% higher in 5 years......then we hit a crash, and even presuming we crash down to today's prices, and loose that 30%.....what will the rates be?

Presumably, you have to obtain an EIN for either scenario in order to better legitimate your business expenses.

Rather, we are looking at buying a prime, 2.6 acre lot at a steep discount (80%+ of original list), holding 3-5 years while a new builder/developer comes in, cleans everything up and builds out the development, presumably raising the value of our lot with the improvements, and then selling.

I haven’t heard that the Biden administration want to overturn single family zoning laws nationally, but presuming that was a goal it would be the single biggest role back of government intervention in property rights in recent memory.

@Tyler Smith presumably you’ve modeled out all possible options to house hack (ie sfh, duplex, tri, quad, etc)?

You don't care about the house anymore, you sold it, it no longer belongs to you, it just backs up the mortgage you granted the buyer.You are presumably honest and you make your payment on the underlying VA loan (a liability to you).