OFFERS

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Since I am new to investing in residential income properties, could someone please explain to me at what point the seller will consider my offer an insult?? Is 30%below market toolow??? Should we not be concerned with what the seller thinks as long as we have the numbers to back up our offers????

I have been watching a nice quad for some time now. The price has come down some and is now listed for 199,000. The gross shceduled income monthly is 2,000. This property willl cash flow, but only after a substantial down payment. With no maney down it bleeds red. Should I ask $175,000?? I seems like a nice investment. Appears to be in good shape. Good rental history. Fully occupied. Might be one worth looking into a little further at the right price...