Occupied Foreclosure Strategy: Some investors in NYC find success with a “cash for keys” approach.

Aloha, In a market where the sale-to-list price is 97.9%, homes sold above list price is 18.7%, and homes with price drops is 51.4%, I’m exploring how to respectfully submit an offer with a 30% to 50% discount on the listing price.Beside from the following actions, are there any additional steps I can take to ensure my approach is considerate to both the seller and my agent?

Quote from @Melissa Thompson: Quote from @Diego Izarra: They have approached me. 

I agree with the per unit approach as well.

We approach them saying that they have options.

If investors attempt to streamline their services, it can lead to a more organized approach to property management, lowers the risk of gaps in insurance coverage or missed tax benefits as well as simplifies communication and reduces confusion.

I’ve faced this dilemma on nearly every deal, and after completing 30+ BRRRRs and 75+ flips, here’s how I now approach the decision:1.My preference is to ALWAYS BRRRR, if the numbers work.

In most states, foreclosures can be very risky:1) They are often occupied and you can't approach the occupants to see the interior.

What was your approach?

Approached the seller asking they pay all closing costs, received enough credits to buy down the interest rate back into the 5-range (current rates were in the 7-range).