In terms of negotiating the deal, we looked at the property and its condition and negotiated the price down and eventually met in the middle.

This "current" investment failed and the property was sold in Dec 2023.

Quote from @Marcos De la Cruz: Thanks for the reply but I'm interested in reviews pertaining to that company and the properties they sell to investors.Not really considering them for PM. 

It started small, just helping to draft LOI's, running down property leads, making calls, but the important thing was just getting in and DOING it. 

If not rented at fair market rent, this property will just count as your residence, not a rental for tax purposes.Structuring the property under an LLC or land trust could trigger a due-on-sale clause, so check with the lender before proceeding.To minimize risk, consult a CPA for tax strategy, weigh financing costs, and draft a legal rental agreement.

The same goes for PMs and companies selling properties.

Purchase price: $237,000 Cash invested: $11,850 Converted my primary residence to a Cash-Flowing Rental Property to a Section 8 Long-Term Tenant in a Class B neighborhood.Purchase in Sept 2019 Purchase price: $237,000Cash invested: $8,900Converted the Game room and Office room to a standard bedroom to make it a 6-bedroom 3.5 bath which increased the monthly rent from $2,400 to $3,215.

Of course, I had to make additional assumptions about the cost of property taxes, insurance etc. 

Occasionally I'll see properties coming on the market where the seller has a VA loan with a low interest rate.  

As for the increase in rental potential on the properties.