If he insists on being a ultra conservative cash investor don't waste your time trying to convince him of anything.

This is going to be another one of those ultra basic questions, but one that´s been increasingly coming to mind (and I´ve yet to really get a conclusive answer).When it comes to making offers, how low do you go?

Other costs to consider:- vacancy allowance- advertising and legal- management- property taxesOther measures of the investment:+ cash-on-cash return+ appreciation+ cap rate+ LTVAs long as your numbers check out:Looks ultra tight as a rehab.

First and foremost, don't waste your time in areas that have no equity (less than 30 years old).Second, don't focus on the areas that have ultra hot demand.

Just being ultra conservative here.

The rates were ultra low in the high 2s (15 yr) to mid 3s, new house sales were expensive and difficult to obtain, and 40% appreciation realized in just two years.

Collecting rents is more of a challenge on the east side, unless you get into the ultra high property value suburbs.

If you're within 7 years of retirement move it to an ultra safe fund like a government securities fund with little to no interest.  

No liens or bankruptcies5. 12 month redemption period.Pulling comps the AVR would be $275,000 being ultra conservative.  

But they were in the ultra-competitive sub-$200k price range so their story isn't typical.