Ripped up and replaced all the soggy warped subfloor.

No, I didn't draw that conclusion at all.

I wouldn't assume either but rather seek out some local investors and see what they are doing and how it is working (or not working) before you jump to the conclusion that it is too expensive and try to make things work in an out of state market that you are not familiar with and will need give up control to depend on the kindness of strangers to keep your best financial interests at heart and make or break your investment.

I'm more of a reader then a poster with my 12yr old writing style, but I've felt this dilemma myself.The conclusion I came to is, there's no right or wrong as long as your following the laws in your location.

So my conclusion is mailers would be a waste of a small budget.https://www.gregbuyshomes.com/

Once you land on a conclusion, we welcome you back to hear thoughts that help that community.

Hmmm, I did find this conclusion:“we are constrained in reaching our decisionby what the TCPA actually prohibits—it does not prohibitall unsolicited faxes, just advertisements.”

As I usually do, I'll limit myself to give facts and figures and let people draw their own conclusions, especially since I think the conclusions are pretty obvious here.1. 

My point:You can't arrive at these conclusions by just calling and making ratios, and then scaling UP these ratios. 

It's just common sense conclusions from my take on how the economy tends to work and how it's been working throughout this most recent cycle.