Finding deals at good discounts is often easy. 

We have the full gambit from 1) finding and buying the right property in the right locations to 2) professional execution of the design to 3) discounted property management services.  

Let's say my competitors are at $100/night.. what's a reasonable discount?  

.- Now Foreclosures may be a good discount but at the same time I already know that there is aLOT more risk to this.I already have a real estate agent, a mortgage broker, and am getting connections to contractors and so forth.My few Questions are:- Do I need a real estate agent in this process for foreclosures?

If you want to sell this property, you need to let someone inspect it at least once and the discount for due diligence needs to be worth it. 

Look for discounted run down properties that need renovation and change the layout during the renovation.

I be sure to offer nice weekly and monthly price discounts. 

I did like working with themas as well, I was able to negotiate a discount. 

They provide significant discounts for Bigger Pockets members.

Notice how they presume they are going to buy the asset at a substantial discount from the lender.