I obviously can't offer market value, but what is a way for me to determine what a fair offer for the seller is that leaves meat on the bone for myself and the next investor?

That must have scared other folks away but I could tell the building had good bones and we'd be able to make it shine.

So say you go that route.... you have $4800 in cash saved and now down to bare bones debt issues.... good spot to be. 

No products aside from bathroom tissue may be flushed down the toilet.

If you have the money, go and find 3 or 4 contractors to get quotes from to fix a house up before you purchase it.Just happened to find this: https://www.realtor.com/realestateandhomes-detail/...One of the main things I've seen people say on other videos is you want to make sure the "bones" are good before you buy as well. 

When I say walk away with $10-$15K, I don't mean that was the only meat on the bones.

You will find what used to be SFHs built pre 1900 or sometimes 1800, that have been converted to duplexes or triplexes with terrible floor plans, terrible bones, terrible everything.

Off market property that has good bones, but needs everything updated.

syndicators are not personally guaranteeing your returns.. and yes syndicated deals fail all the time with total loss of capital many of those deals are the deals the new syndicators are picking up.. the bones of bad ones.sponsor is critical. they fail form1. inept management'2. big employer left town to many vacancies and because these deals to get returns.3. bad buy out of the gate.4. malfeasance in management

We usually know when we have reached the bone.