It means a lot to have people like you willing to offer advice and warnings, which I highly value.

I'd plan to offer him a cash offer of $900k, or $100k cash down and he take back a note for $1.3k.   

Incidentally, somebody made an offer on one of my pre-construction properties today (I'd have offered financing to the buyer but he decided to pay 100% in cash before I had the time to offer it). 

I learned about seller financing and was okay to offer a 30-year loan, a 5-year balloon, and 10k down.

We actually coached a client to offer a dog photo shoot at his hotel because so few in his area allow dogs.

In Nashville the average is 18-20%, but some people are starting to offer at 10%.

I was prepared to offer $15,000-$$20,000 to buy it outright. 

They should be able to offer this service for free to their hosts and provide a value add for their fees.  

Also be mindful of the fact property management is generally viewed as a loss leader in the industry and many make the mistake of self managing through employees  which costs more than hiring a 3rd party firm that has scale to offer mroe back office support, technology, in-house maintenance staff etc.

I don't have any risk tolerance anymore.I will put it on the market once the tenant moves out in July.Wa trying to offer him some cash for early move out but he has bad credit history and doesn't want to move out.Thanks for advice, now I see what  I am doing wrong.