I call this a "heads up" letter.If mailed sufficiently well in advance of sale, I'll receive a number of nixies that I can skip-trace or reverse engineer to either find the owners or buy the lenders note and decide my best play forward.Second letter might contain some special message or attention getting device to encourage that letter gets opened and read and generates a lead call (call-to-action, also know as a CTA).Time permitting, I might segment the list further and create highly targeted, specialized letters that address a host of problems unique to their situation, which I call a "Perfect Storm" letter.Ultimately, my objective is to out-spend and out-research you as my same business rival.

If you are seeking to keep your legal fees to a minimum, I suggest you research the various pre-paid legal services plans available.

Do not get played and let the contractor know you have already been to school and are now teaching the course............ : )I don't know about roofing demands but if this is a high building time of the year there then this is why you are getting the crazy rate quotes. if so you have to find someone good without much business or wait until later in the year when things cool down.

For me personally, I've found playing the Cashflow 101 game helps to churn the wheels and get my ideas in motion.

Living as a landlord next to your Section 8 tenants would make for interesting televisionI'm curious how this plays out.

Hey BP,I am playing around with an idea in my head today.

The idea there is to level the playing field and afford protections to borrowers who may not be wise to ways that less than honest lenders may take advantage of the borrower.After a loan is purchased, RESPA requires a notice to the borrower for any transfer of servicing and a certain amount of time for the grace period to the borrower to adhere to the change.  

It really comes down to what your property management process is like (as others have mentioned above) and Chicago heights is a neighborhood that you have to take into consideration from a block-by-block perspective; it isn't the greatest area from my experience thus far and as Mark has noted above, school district also plays a part in this as well.  

Granted, it's a nice thing to do but, to play devil's advocate, would it be worth the opportunity cost?

I'm just playing devil's advocate here.