I would absolutely counter with a price closer to market and see how they respond.

Are you looking to invest in the Joliet market?

If you're still interested, take a trip to the site once ground has been broken.The flashy marketing material for a new development is great, but don't put your money at risk for something that's likely to vaporize.

I’ve talked to a number of investors and they can’t get 10% down on owner finance transactions were the deed transfers at closing.I operate in 4 or 5 markets.

They’ll have a strong network and be more in tune with the opportunities available in the rental market, whether you're interested in single-family homes or multi-unit buildings.If you're focusing on single-family homes, try to keep them within the same area.

What type of marketing would you do ?

Most STR markets have seasonality, and there are untold issues in the future that will effect cashflow. 

Hi Everyone,I  am a professional wholesaler and property locator, I locate property on/off market, do a full due diligence on title, encumbrances, taxes ect...

No free lunch in this market!

@Caryn Fischer You can sell your house to your child below fair market value (FMV), but the difference is treated as a gift.