It can also be very expensive and the limits are usually low.  

I have some properties on low rates 2-3% range which I'm in no rush to pay off.

Most tenants will neglect the landscaping and we usually recommend low maintenance landscaping to owners.- Lighting fixtures- Smoke alarms / carbon monoxide detectors- Window and door repairs- Water heater maintenance

So we went directly to Lowe’s, who provided a receipt for microwave, installation, taxes, etc. totaling about $530.

This means the value will be at the low end of the comp range

If you want another layer of protection get an umbrella policy.You don't want to trigger the due on sale clause for a likely low interest mortgage.Also if you aren't operating your LLC 100% you likely only have a false sense of security. 

Shotgunning a bunch of low offers is a waste of time, and will only hurt both yours and your clients reputation for not being a serious buyer. 

I'd like to keep the house for long-term appreciation since it's in a good school district and has low crime.

Quote from @Luis Maza: Hi all, returning to the game this year and would like to pick your brain a bit, we started working with a wholesaler that will send us properties here and there with the "wholesale" price, but every time we check the properties and add the numbers, the margins are, well, I am not sure, too low perhaps, maybe we are getting to picky, but this is my dilemma for example...Today we got a property, wholesale price 300K, rehab about 50-60K, ARV is about 440k, but with the cost of hard money, we have about 100k cash, hard money interest at 11%, keeping the property for 90 days while we finish the rehab, closing costs,  commissions, we ended with 30k profit before taxes, while it sounds appealing, adding up all expenses and cost we ended up expending 50K on rehab(labor/materials) and about 50-60K with cost of the loan, interest, commissions, etc, everyone makes money, happy with that, but it seems that we are working to produce a 100k for everyone else, while we make 20-30k if everything goes well...In my opinion, we are not really getting "wholesale" price, it seems that we either buying to expensive, rehabs are much more than we would like to spend and the cost of borrowing that money is too high...We came up with thoughts as: lets fund it ourselves with money from a close friend/partner that we will bring in, and that would save us 10-15k here and there, but still, is that the norm now?

I had not considered the valuation could be that low.