I've talked to several other local investors who've had some success with mailers and I'm considering it seriously.So far, my main idea is to target a certain part of my area (Milwaukee) that I think some good buys can be found in, its what I'd describe as a lower-middle class part of town.

Very good points Karen.As one of the more senior posters, your point of doing some searching for an answer is right on target to my feelings of getting involved by posting.No one likes saying the same thing 200 times.Taking that a bit further, asking something like "how do I do a lease-option" really indicates a lack of effort.

.” ~ Pierre CorneilleDev,is there such a thing as a more targeted motivated seller yellow letter that would work?

If you haven't yet- be sure to setup some "Keyword Alerts" to get into conversation in your target area.Seeya around!

If you haven't yet- be sure to setup some "Keyword Alerts" to get into conversation in your target area.Seeya around!

You can get the absentee owner list from listsource.com for ~$0.08 a lead and you can choose targeted areas by zip code, county, or with a map.

That's your target market.

In my case, the cash-out isn't necessary for this deal, it would be useful as I target the second purchase.

They will then tell you you must take around 60-70k and assess you penalties, fees and interest for not paying proper social security taxes starting at the beginning of when your wife started to file as an S-Corp.Increase her "wages"  max out the deferred compensation.  

If you haven't yet- be sure to setup some "Keyword Alerts" to get into conversation in your target area.Also - here's a couple articles you might enjoy:The 21 Best Real Estate Investing Books Ever How to Rent Your House: The Definitive Step by Step GuideSeeya around!