thanks,LeviIf your lender will accept them, yes. 

I am told that it is more expensive for sellers to accept VA offers because of Termite inspections and repairs and many other costs.

@Sam Applegate We've had about 30% accept.

You will always, ALWAYS have to manage the manager UNLESS your a-ok sitting back and accepting whatever you get for a result, good or bad. 

If the seller does not accept, then I give them the option to not take my counter offer.If I paid the "non-refundable" deposit and the seller walks, then I am out the money.

The unit that is not updated, I've already done significant upgrades like flooring, new trim, doors, appliances and current tenant accepted my increase to $850/MO.

If you are very experienced, working with the listing agent can give you an edge in getting your offere accepted, but if you are not you really need someone on your side.Looking at your numbers, have you spoken with a lender yet.

Hey gang, big update from my end- just had my offer accepted on a 4-BR SFH in Madison proper! 

Accountants are in such demand, that the best are not even accepting clients half the time.The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.Another thing I see is folks thinking they need to have a tax professional in their state.

I can't speak to NJ, but I know right out of the gate in NYC most multifamily sellers are averse to accepting a low downpayment offer (especially FHA).