Let's say my competitors are at $100/night.. what's a reasonable discount?  

.- Now Foreclosures may be a good discount but at the same time I already know that there is aLOT more risk to this.I already have a real estate agent, a mortgage broker, and am getting connections to contractors and so forth.My few Questions are:- Do I need a real estate agent in this process for foreclosures?

If you want to sell this property, you need to let someone inspect it at least once and the discount for due diligence needs to be worth it. 

Look for discounted run down properties that need renovation and change the layout during the renovation.

Other than the 1 property I am renting my family's taxes are pretty straight forward with a couple W-2 and no LLC, so when I got the $1,700+ quote for tax preparation it seemed a bit much.

I be sure to offer nice weekly and monthly price discounts. 

They provide significant discounts for Bigger Pockets members.

I did like working with themas as well, I was able to negotiate a discount. 

@Mark Ainley I know all about rent burden from straight up chicago investor podcast episode 53! 

Notice how they presume they are going to buy the asset at a substantial discount from the lender.