Seller unwilling to budge on price

[Matthew Drew]

Hello, Need some help here. We are trying to purchase another rental and the seller needs some help. The home is in a great area but the house needs at least $40k in repairs. I wrote a letter that walked through the repairs to help show the seller she is asking too much. Thus far we have put in 3 offers as we do suspect her RE agent may be dragging their feet. According to her RE agent they get multiple offers per week around the same price range we are offering. So we went $7k above, and she still turned it down. What is the best approach to get the seller to realize what the house is worth? Any suggestions? Matt