I wanted to help them out and minimize their loss and saw an opportunity to get a property slightly below market because of my commission savings, immediate mortgage and maintenance relief, in addition to keeping a lower short term interest rate How did you find this deal and how did you negotiate it?

Its more transactional than a traditional sale so you want to find out who the decision maker is and negotiate with them.

It was free so worse came to worse I would break even How did you find this deal and how did you negotiate it?

We wanted to self manage.How did you find this deal and how did you negotiate it?

Cashflow How did you find this deal and how did you negotiate it?

Instant equity and upside How did you find this deal and how did you negotiate it?

I plan to manage the properties myself until it conflicts with my regular job.I would appreciate any advice on these markets to ensure success and connect with local investors.    

@Ming Huang Based on the numbers you've shared, I would advise against the deal, unless you can negotiate the purchase price down and/or rent it for at least $1,150.

How did you find this deal and how did you negotiate it?

That makes sense it seems much less competitive so easier to negotiate.