Exhibit 99.1

November 9, 2017

Ladies and Gentlemen:

On or about October 23, 2017, CMG Partners, LLC and its affiliates (collectively, the “Bidder”) distributed an Agreement of Assignment and Transfer to limited partners (“Limited Partners”) of DiVall Insured Income Properties 2, L.P. (the “Partnership”), for the purpose of making a third-party tender offer to purchase up to 3.4% of the outstanding limited partnership units of the Partnership (“Units”), at a purchase price equal to $281 per Unit, less transfer fees of $100 per investor and less any distributions paid by the Partnership on or after October 23, 2017 (the “Offer”). A copy of the Offer was first delivered to the Partnership on November 7, 2017. Because the Offer seeks less than 4.9% of the outstanding Units, the Bidder did not file a Schedule TO with the Securities and Exchange Commission (“SEC”).

Pursuant to Rule 14e-2 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), the Partnership is obligated to take a position with respect to the Offer. Historically, in response to prior “mini-tender offers”, the Partnership has remained neutral. In contrast, the Partnership does not recommend or endorse the current Offer. In view of the current estimated Net Unit Value (the “NUV”) of each Unit (as further detailed in Section 2 below), the Partnership recommends that Limited Partners not tender their Units in the Offer.

The Offer permits Limited Partners to withdraw and rescind any acceptance of the Offer within 10 days following the date you executed the transfer document. Therefore, if you have already accepted the Offer, the Partnership recommends that you immediately contact the Bidder to withdraw and rescind that acceptance in writing.

The Partnership believes it is important that its Limited Partners understand the following information when considering the Offer or any other unsolicited offer.

The Partnership is not affiliated in any way with the Bidder, and the money that may be paid to Limited Partners for Units tendered in the Offer will not come from, or through, the Partnership. Once the Partnership receives sufficient evidence of a sale from both the seller and buyer directing the Partnership to transfer the Units, the Units are transferred to the buyer upon the approval of the General Partner, The Provo Group, Inc. (“TPG”). The Partnership will not be responsible for making sure any seller is paid. However, under the IRS Safe Harbor rules, in one year TPG can only approve the transfers of Units sold up to 2% of the total number of Partnership Units outstanding (46,280.30). We have already approved transfers aggregating approximately 1.96% of the outstanding Units in 2017. Accordingly, the Partnership does not have the ability to approve the transfer of any additional Units until the year 2018, except for Units sold and transferred through a Qualified Matching Service (see Section 5 below).

With any unsolicited offer, it is important to thoroughly evaluate the terms and conditions. The fine print may be difficult to understand. For example, one area that could lead to confusion is who is entitled to receive (or get credit for) any distributions that occur before the sale is completed and any Unit is transferred to the Bidder.

The SEC has information for investors pertaining to mini-tender offers and has issued warnings about mini-tender offers. One SEC notice states: “Some bidders make mini-tender offers at below-market prices, hoping that they will catch investors off guard if the investors do not compare the offer price to the current market price.” Information from the SEC on min-tender offers can be found at www.sec.gov/answers/miniten.htm and https://www.sec.gov/investor/pubs/minitend.htm.

The Offer is based on a purchase price equal to $281 per Unit, less transfer fees of $100 per investor. The Bidder’s purchase price is also subject to downward adjustment in the event of any distributions paid by the Partnership on or after October 23, 2017. As we understand the Offer, distributions paid on or after October 23, 2017 will reduce the $281 per Unit purchase price.

As the Partnership informed Limited Partners in a letter dated December 31, 2016, the Partnership estimated the NUV to approximate $340 at December 31, 2016. More recently, pursuant to independent third-party appraised valuations conducted during 2017, the Partnership has estimated the NUV as of November 9, 2017 to approximate $380 per Unit.

The recent estimated NUV of approximately $380 per Unit is 35% greater than the purchase price offered by the Bidder, before deducting transfer fees and any distributions paid. This valuation is subject to a number of limitations, which are disclosed in more detail in the Forms 8-K the Partnership filed with the SEC on January 12, 2017 and November 9, 2017.

In addition, comparative transfer price information is available upon request to our Investor Relations Department. The Partnership’s records indicate that Units have recently traded in a range from $310 to $345 per Unit. The Partnership, however, makes no representation that these prices are fair or reasonable.

Since the Partnership’s capital raise of approximately $46 million in the early 1990s, the Partnership has distributed approximately $75 million to investors, from both operations and strategic sales. The General Partner anticipates (but does not guarantee) that, assuming the continuation of the Partnership, the Partnership’s portfolio of properties could continue to generate net distributable income in line with historical performance for at least the next five (5) years. We expect cash distributions to total $16.42 per Unit in 2017 or a 4.3% cash yield on the estimated internal Net Unit Value $380^[1] per Unit as of the date of this letter.

Since the Partnership’s assets are depreciable real property, some of the distributable net income may be tax sheltered, leading to a slightly higher “after tax” rate of return.

In today’s generally low interest rate environment, these returns compare favorably to alternative investments of similar risk profiles into which Limited Partners could re-invest their after-tax sale proceeds from a sale of their Units.

The Partnership earns a significant amount of rent percentage rents annually, but receives payment from the respective tenants in the following January. The Partnership’s policy is to only distribute actual cash received in a quarter. Because the Partnership expects to receive the 2017 percentage rents in January 2018, the Partnership’s distribution of these significant amounts is not expected to occur until the first quarter 2018 distribution payable May 2018. The Partnership expects the May 2018 distribution to represent in excess of 60% of the Partnership’s total distributions paid in 2018. For example, the Partnership distributed $500,000, or $10.80 per Unit, in May 2017.

Within the last several years, the Partnership instituted a “Qualified Matching Service” as defined in Section 1.7704-1(g) of the Treasury Regulations promulgated under Section 7704 of the Internal Revenue Code of 1986, which facilitates the transfer of up to 10% of the total interest in the Partnership’s capital or profits provided certain requirements are met. This Qualified Matching Service provides for some liquidity, outside of a tender offer scenario, through which Units may be bought and sold.

The Partnership is currently scheduled to liquidate in 2020, although it is possible this liquidation deadline may be extended if the Limited Partners vote to amend the Limited Partnership Agreement of the Partnership. It is also possible that the Partnership would elect to liquidate its assets and dissolve the Partnership prior to 2020.

Once again, you are not required to tender your Units to the Bidder, and the Partnership recommends that you not tender your Units. If you have agreed to tender your Units, we recommend that you contact the Bidder immediately and withdraw and rescind your tender in writing.

In the event you have questions or require additional information, please feel free to contact DiVall Investor Relations at the address or number(s) below:

Sincerely,

The Provo Group Inc., As General Partner of

DiVall Insured Income Properties 2, LP