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I know I'm suppose to create a win win situation for me and them, and also add value to them but how do I bring that up in the conversation?

@Brian Gibbons Thanks for all the information I will start this conversation with the owner I would rather not spend money down but try give them a better offer.

That was because of conversations I had with him.

I have a couple of questions to get the conversation started:1) What social media platforms have given you your greatest ROI? 

@Joel Ortiz - The goal of a LOI is to start a conversation!

On the other hand, is this something that most folks end up having a conversation with their RE accountant/lawyer about?

(Chris, nice find on the Cervantes 4-Plex...if needed, you've got a great opportunity for an exit through condo conversion as well as a nice rental in a great area!)

Based on the conversation I’m reading, college towns seem like a good place to buy properties?

Nevertheless the conversations could be telling in some respect and either give you additional confidence or leave you with no information beyond what you had before you made the call.