They accepted an offer over mine, because I wasn’t willing to bend, that offer fell through, and I ended up getting the property for $1,325,000.

I have a soft heart and we bend over backwards for people who want to keep their property.

The only time I did bend on it and it did not go bad was when the tenant paid for the rent for a full term.

We are remote investors in the area and due to the "low data" that most websites have on the South Bend area, we take several different websites and average them together.

Do you bend a little to take 2.5X?

It might be difficult in the Bend/Redmond/Prineville area.

I'd also look for places that are about an hour away from Major cities (for example in Texas: Brazoria, Galveston, Bexar, Fort Bend, etc.), there's plenty of land.

Investment Info:Single-family residence buy & hold investment in South Bend.

Here are the details of the parks:Park 1:MSA: Hutchinson, MN27 Lots27 Occupied15POH200 Lot Rent (way under market)City water/sewer - Park PaysPurchase Price is $400,000We are in the process of receiving an extension in the due diligence for this park.Park 2:MSA: South Bend, IN28 Lots24 Occupied300 Lot RentCity water/sewer - Park PaysPurchase Price is $400,000We are still waiting on diligence docs so the 35 day due diligence period has not started yet.Please get in touch with me if interested in either or both of these properties.

This is one of the many instances where I think I found my unfair advantage in the deal: I was willing to bend and flex with the seller.