If there is no other way to evict the tenants and instead I offered to renovate the garden level into a two bedroom apartment would they have to accept that offer? 

Water penetration can also include roof failures or pipe bursts that allow water to leak into or damage your home.Either have the repaired area researched by your local expert and accept it.

If you pay more, you won't meet your metrics and will probably have negative cashflow and/or equity.You may have to make 10, 20 or even 100 offers to get one accepted at the price that meets your numbers.This is what all investors did BEFORE the Great Real Estate Crash of 2008-2010.

For this, I'd recommend being prepared with the terms you're willing to accept in such a situation and staying firm.

The challenge is knowing if the listing agent actually tells your offer to the seller or not.For example, if a distressed property is $650k and you want to offer $620k, the listing agent says the lowest the seller may accept is $645k, but is that actually true or made up because the listing agent wants their commission?

@Lauren Cartmell 95%+ of agents only know how to do owner-occupied transcations:(So, be careful.Adding to the advice already shared, an experienced investor agent will know that there will be no showings without an accepted offer - to avoid pissing off your tenants with constant showings.

You can also just accept certain kinds of pets, breeds, or sizes as a third option.

About 1/3 of their leases had to be terminated or evicted.I finally got tired of it and stopped accepting Section 8 about six years ago.

Neither Tardus nor our coaches accept commissions from vendors.

Name’s Korinne and I’m so excited to be accepted into the BiggerPockets family!