You could try that  but I can see the seller not being interested in a big price reduction due lost potential earnings on something he has not done or you have not done yet.

Remodeling homes into something distinctive and desirable, like entertainment-centered properties, can definitely set you apart in the rental or short-term rental market.

Name = Jonathan KlemmExpertise = Renovation & ConstructionLooking forward to = In-person Networking / Vacation in the sun (getting away from the windy city Chicago)Connection desire = Someone who has scaled a service business to $100MSession = Flipping houses in high interest rates, but I am biased! 

When you earn it from the ground floor like that, you learn so much more and can appreciate what you have.

Criteria can include location, population growth, job diversity, amenities, desirability of bedrooms and bathrooms, size, and comparable rents in the neighborhood.

For due diligence, since you're new to industrial real estate, it’s best to engage a third-party firm that specializes in property assessments or partner with an experienced investor.To structure your involvement, if your spouse is a licensed agent, she could act as the buyer’s agent to earn a commission.

So, we found one or two that were hungrier than the rest and had a desire to grow a family business, one where we'd be giving them the work.

Keep leveraging your knowledge of local opportunities to acquire your first property and expand from there.Financially, reinvest your earnings, and make sure you have a solid grasp of cash flow and expenses before making your first purchase.

Sounds like you have a good understanding of the strategy.I normally work with clients by giving them a price range of a property they need to buy to get to their desired tax bracket.Best of luck.

If you stop chasing leads and start earning business by showing your value versus the rest of the scabs in our industry, you will be able to call your shot on your commission.I sign all of my buyer agency agreements now at 3%, but with the proviso that if the seller is offering 2% or more, I will go down to that amount.