Keep in mind that once you have such knowledge and confidence, your presentation is not to take advantage, not to swindle, and not to bail you out, rather, educate them on how they can make great returns in an area they may not have realized existed before for them.

This is very telling information as it stands - how many other before this buyer have they swindled??

What would everyone say an average percentage is so the newbie doesn't get swindled when talking to some locals?

They're a crafty bunch.First they entice SFH bidding wars with easy credit that they can create out of thin air.Then they blow up the economy with a financial crisis causing people to lose their SFH.Then they borrow money from the Fed at 0% and buy up all the cheap SFH.Now they rent them back out to the people they swindled in the first place.

All you are doing is allowing those people to swindle the next guy.

I just scored a property at 58% of its market value", when they're also could be saying "I just swindled a nice old lady out of her life savings for a down payment on my new Lexus". 

I'm open to hearing opposing viewpoints but I'm of the opinion that at least 2 major things are desirable to have in order to increase your success odds when investing out of state: 1) detailed understanding of that metro area so you don't get swindled, 2) team on the ground.

We definitely don't want anyone to feel like we took undue advantage or swindled them.

By most tradesmen, the ignorant homeowner in general is seen as a crippled half-man who exists for them to ridicule and swindle.7.

If contractors are going to be represented by LU they need to separate themselves from the hard ball playing swindling tactics of average contractors.