Capacity and Tolerance. 1) Capacity: how many people can you comfortably fit in the property, is there room to add more, or add more value to the tenants to increase rent.2) Tolerance: How many people are you comfortable living with, if there are vacancies are you able to handle that.House hacking is an amazing path to homeownership, and a nice low barrier to entry into self managing your properties.

If they are low balls then usually you are asking someone to work for free as the fix and flip landscape is competitive for a low pay out.

Reading your profile it seems as if you are absolutely crushing it in your market.

It could be 50% high, 50% low or right on the money but no matter which of those three it is makes no difference.

Because of that low barrier to entry, plenty of investors from all over are looking at this city.

Quote from @Michael Daniel: Purchase price 70k currently pulling 900 rent ARV 110 - 140k, rehab about 25k @Michael Daniel That rent sounds too low for that ARV.

Some even offer preferred interest rates as low as 5.75% at no cost to you. 

A lot of what you'll see here is older homes in desirable areas and that scarcity keeps price growth high while keeping sales growth low.

Underpriced, underperforming, value add, 20 units, cash flow potential, low risk How did you find this deal and how did you negotiate it?

Low end MFH is overpriced for the current rent amounts.