First Deals, First Offers

[David Gunn]

Needing some assistance on writing offers. Matt Theriault from Epic Real Estate Investing says to write an offer to everyone. He uses a 3 option close, so, that's what I plan to do. My wholesaler partner says they are not deals and doesn't want anything to do with them. He wholesales only. I want to buy and hold these two and need practice writing offers. 

Here is what I have.

Property #1 is a SFR on the 200 block of Blue Ridge Rd Indianapolis, IN. Seller is not too motivated as he wants full price ($185,000) less discount for not involving a realtor and doesn't want to remain on the loan. Comps in the area are $185-190K. It's his only rental and want to be rid of it. Currently renting for $1450 but market rent is $850 according to Rentometer.com. I know I can rent for $1000. Owner owes $142,000 and monthly payment is $1275 w/PITI and $842 without. Repairs would be about $8-12K. How do i come up with 3 different offers?

Property #2 is a SFR on the 1200 block of N Holmes Indianapolis, IN. Seller owes $34k and doesn't want any profit. Just wants someone to take it over. Comps are $25,000-$45,000. Probably about $10k of work. Rent in area is $550 and I can rent it for $1000 for student housing because of an organization I work with. Monthly payment is $450 w/PITI. These are my first two deals I'm working on. How would I structure 3 different offers on these properties?

There are probably other questions that need asked and answered so please let me know what I'm missing.