Listing prices are wrong all the time, sometimes they're under sometimes they're over, but the market will dictate what it's worth. 

Where I live (Cincinnati, OH), the difference of 1/4 mile down the road can mean a vastly different tenant population, and typically your tenants will dictate how easy or frustrating the property is.So, first and foremost, buy in the areas your KNOW, typically by having lived there for a while.

Motivation is key - it will dictate terms of the deal in more ways than one. 4.

This means a whole different set of criteria, which in turn will dictate both the market and the strategy used to execute each step.I know ahead of time what that "list" will be since the plan is designed (and tested) before I push the start button, but exactly what that list is, I can't say...until I design the next plan.

I understand how difficult this is in the offer workup stage, since the numbers usually dictate the offer for many investors. 

The clarification being that they're not dictating the prices, but rather they're a tool used by investors to determine the worth of that property in comparison to the income it brings in.

The lesser of the sale price or the appraised value usually dictates how much your seller can pay in concessions.For example, say you offer $155,000 for a home.

There are many rules for leases and are dictated by state and/or local law.  

Basically it dictates that such a structure would only need to address items related to health and safety.  

Stop letting customers dictate your prices.