The burden of proof of ownership falls on to the Seller, that is not unreasonable to transact with someone you don't know.

I live in Brooklyn, NY and feel like the cost of houses is unreasonable high and the ones that are in my price range are not in the best neighborhoods.

Samantha,Not saying my terms are the same, but what they have is not unreasonable.  

The response not be irrational with some who try to pull unreasonable fees on a deal. :)

Agree this is expensive enough to consider unreasonable.

. $40K would not be unreasonable to take full ownership.You will need a good lawyer qualified to be a p**ck.

If I bought a house for $400,000, I think its entirely unreasonable to get anywhere near 2% of that per month in this area

If the seller is aware of what both the repair cost and ARV for a property is but want you to make an unreasonably high offer that makes the deal unprofitable for you - simply find another deal.You often make money on most rentals when you buy (based on what market you are in).

That It's a good way to gauge if the cap rate I want to attain is unreasonable and to gauge what a fair price would be based on it's operations and see if I'm getting a good deal or not based on the current trends. and whether my offer would be considered low-ball, fair, or too high. 

Obviously I'm still paying a premium, but a little markup isn't unreasonable to me if I can be hands off and hopefully have very few issues for the first few years (assuming the PM can get a quality tenant)...which is again why i'm shooting for a type A/B+ property/tenant.Will definitely reach out to a realtor to get input and have a home inspection done.Brian