I also offered 75k over what was asked, won in that sense, and now I realize nothing is gained from “winning” by having the offer accepted if it is a bad deal.

I accepted it the first time but then rejected it after that and plainly told him it wasn't professional to accept gifts from tenants when I'm working for the Landlord because it could create a conflict of interest.

I've begun looking into foreclosures as a possible avenue for BRRRR deals in my area but I know that the listed prices of foreclosures doesn't always reflect what the bank is willing to accept for a property.

My offer just got accepted for a Duplex in Atlanta with a cap-rate of 8.5.

I also need to go about it in a legally acceptable way so that I am minimizing my risk of lawsuits and liens.

I don’t accept local guests, my experience shows they are more troublesome.

@Chris Keator Just a little tip:    if the sub's scope of work is over $5,000 hold $500 retainage either 30 or 60 days following the "acceptable completion" of their work.   

AirBNB specifically recommends language pertaining to allergies and service animals - you can state in your listing that you don't accept any animals (don't say "pets") due to allergies and it being a health risk to you or a family member.Again, definitely look into the laws yourself, but between this being your primary residence, your only STR, and you having allergies, I don't believe you could be required to accommodate service animals.

You may be desperate to get a tenant in the house, but would you accept these applicants if you had more time?

I found it myself on Redfin and gave a low ball offer, the bank countered a little higher and we accepted.