Look at Homes.com or Realtor.com to get an idea what that type of property is selling for (look at the ones Pending or Under Contract)...or, look in the county's GIS system to see what similar properties sold for.Once you have an idea what a fair market value would be, let the landlord (if they're interested in selling) mention their price. 

My current plan is make a conservative offer, pending financing so that I can get those 8 and have enough cash flow to pay my HELOC while not compromising the flip.

Quote from @Hector Espinosa: Hi,I'm negotiating a seller financing deal which may be my first one and would like to ask for some advise about and what are advantages and disadvantages about seller financing deals.These are the seller financing terms:House Price: $330,000.00 USD​ (Sellers still owe ~$301,000 USD)Down Payment: 5% = $16,500 USD​Loan Amount: $313, 500​ (Monthly payments will be amortized as a 30 years loan​)Interest Rate: 4.531%Balloon Loan Term: 5 YearsMonthly Payment (P&I): $1,594.24​Closing Costs:  ~$3300 ​Zip Code: 74105Observations:       * HVAC requires an update but pending to inspection (replacing with a new one will cost ~$10,000 - $15,000 USD )     * Expected Rent Income: $2,000- $2,300 but this is has been really complicated to get a good estimate because is all over the place in the different sites I have checked

For 2025 we are assuming it will rise at $1500-1600Same townhomes pending at $260’s; if we upgrade kitchen/bathroom around $275 upCurrent tenant leaves Dec 31, 2024 Assuming rent stays the same for LTR, we will be cashflow negative since Home/Hazard Insurance and Taxes will increase inevitably.Should we:1.

Keep in mind they might have sold it a month ago and are working through contingencies, so they haven't made it pending yet.

Also, if I recall Texas law (oops, see above) it’s only state that I think imposes a statutory stay on foreclosures pending probate.

According to Zillow, in Bennah Oaks there are 11 homes have been sold or pending sale and 16 new construction homes are available to purchase by Highland Homes and Century Communities builders.

📉Yes, expired listings (listings that expired out of the MLS), were still quite high this month which can affect this number, but....What about pending (under contract in the MLS) homes this month?

This popular loophole might be closed in 2022 by the pending legislation.

What that lien cert would not show you, however, are open mortgages, judgment liens, tax liens, other non-municipal liens, pending litigation, and the like.