Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.

Of course a lot of depends on the specific market you are in. 

I guess this also depends on how many rentals you have and what features you require in a PMS.

It's just an estimate.For rentals, it depends on the type of rental.

Hi @Julie Philpott it depends where you are in Franklinton to feel the full effects of those new developments.

It will depend on the type of loan. 

It all depends if you are okay sitting on it for a little while.

It really depends on what they specifically need.

No foreclosure or court action required.3.You might also consider depending on where it is, no electrical or lighted signs if that might be a consideration to you. 

I would anticipate roughly 20-40k depending on how deep you have to go.