Am I been realistic

[Erika G.]

Hi all. I'm new to this forum and want to hear your expertise. We are trying to buy our first investment deal and we're looking at a SFH in South Florida. This was a flip that sold in April 2013 for $183K, the investors have completely renovated the house they've installed new A/C, new flooring, stainless steel appliances, granite counter, and updated bathrooms.Anyhow, the house has been on the market since Jan 2015 starting at 320K and now it's at 279K. We're looking to buy this house as a rental and according to our realtor when he looked at the comps he said that we should offer 265K.

I was thinking on offering 250K. Does this sound reasonable or is it something that we might not even hear back from the seller since they might think it's low. The house is currently vacant so I know that they want to sell it and it's been on the market for 6 months now. Thank you.