The DSCR scenario you mentioned doesn't seem too far off depending on the full scenario.

@Vivian Huang  Town or beach it depends whether you're buying for investment purposes or for yourself or both.I'm buying mostly for investment purposes.

Depending on the market you don't have to be a genius to capture good upside if you've got a good project, but when you don't mitigate the downside it doesn't matter what the upside looks like (in my opinion).

The home is in a C- to B neighborhood, depending on the person.

I don't think $175/month is good in Florida (or anywhere) for 30 percent down, but it also depends on what the rest of the block and area is like and if there is appreciation scale.

They can get away with it is because property prices have been going up in a much less crazy fashion than in the US or Canada and other parts of the world and they're much lower mainly because of the supply - demand equation, which actually is the silver lining.

Obviously anything can be negotiated or it depends on what you agreed upon, but what do peers in the industry consider acceptable for this and whats considered unreasonable... 

Just depends on your risk tolerance with the fixed or variable rate preference and which makes more sense for cash flow. 

Main questions should ask about the seller's:- Reasons/Motivations for wanting to sell- Desired timeline to close- Plan's after selling (relocation, reinvesting proceeds, 1031 exchange, etc)- Back-up plan in case they are unable to sell within the desired timeline- Reasons for not already selling to/with a investor or RealtorAdditional questions will depend on the type of seller lead i.e. pre-foreclosure, probate, fsbo, absentee owner, etc.Here is an example of a youtube search you can use to begin finding call recordings.There are 1,000s and you'll find that the best/most effective ones don't even sound like sales calls.

Depending on the zip code I was wondering could I gamble with them on a fix and flip or brrr.