Too many variables.If it were me, I would low ball them, come to an agreement, and then do another round of negotiations once you can get inside and do your due diligence. 

Also while they’re dragging their feet with their pre-offer inspection, a serious buyer may come in with a real offer and lock the property up.

Are there really that many multigenerational families visiting our area, and will they be coming year-round?

I own an owner-occupied duplex in Philadelphia, and each unit is equally 800 square feet.

Next door to me is 1000 less square feet, 1 acre less than mine.  

Is every other four bedroom house 2k square feet?

The driveway's narrow and only has about 4 feet of space next to our neighbors, which can be a bit of a squeeze when there are cars parked.

Rounding out the top 10 of affordable homeownership cities were Flint, Michigan; Toledo, Ohio; Detroit; Akron, Ohio; Warren, Michigan; Pittsburgh; Yuma, Arizona; Springfield, Illinois; and Palm Bay, Florida.

We have several homes in three markets that we use ourselves year round.

What are cities a new investor can get his/her feet wet?