People actually buy houses to live in as well, and may pay $xxx for a home when that price doesn’t work for an investor.

Most investors I meet with as a contractor eventually tell me that would love to work with me... if I can do it for $xxx because that is their lowest bid so far, but this is just the beginning and they'll give me 10 jobs like it every year.

Does the property cash flow after including mortgage payment, property management fee (typically 10% of rent), insurance, property taxes, 5% vacancy reserve, 5% maintenance reserve, 5% CAPEX reserve with at least $XXX? 

If he had taken my $x,xxx minimum with $xxx per hour deal I offered and we had closed he was probably a little better off than his 1/2 commission (with no minimum hourly rate) because the inspection stuff was a rare mess (requiring more of his time).

That doesn't even take into account the endless "that is way too high, I was told by  xxxx it would be $xxx (usually the price of quality materials and not box store crap)".

+$XXX dollars on the rent to cover the cost, then reduce the rent back to market once the update is paid off.... and, of course, increase the rent based on the update (forced equity).... or, leave the cabinets as-is and rent the unit at the advertised rate.My $0.02 ...

In Tennessee the title is recorded as Lynnette E, Trustor XXX Trust. 

Excluding situations as described above it could just be they want a clean transaction that they make $XXX and don't have to worry about anything else. 

If you're not able to afford that, then I'd be glad to allow you to continue your current rent until XXX date (I'd suggest 3 months) while you look for a new rental."

Last Bid Amount: $xxx,xxx.00 (Plus any applicable Buyer’s Premium) If you wish to proceed with the Last Bid Amount, please reply with your confirmation by 2 PM PST Today 5/8/2018 Additional information: • Upon your confirmation, we will send you the purchase documents for you to execute.