I agreed to let her rent it at $200 less than the market rate for a couple months during a very slow rental season for her sake.

The 19134 zip code and other parts of North and West Philly offer properties at very affordable prices, but may have more challenges with tenant quality and vacancy rates.

Luckily they didn’t call the note on me because they all have 2.75% interest rates.

I'd imagine the interest rate plays a large role in what discount is given, along with house value, down payment and credit score of mortgagor.

With todays higher interest rates and competition from other investors that drive up distressed housing prices we've hadn't had any luck getting new deals to pencil out.

Or is it mostly just a play to decrease volatility in booking rates? 

For experienced investors, do you see a scenario where an investor would assume the properties at a reduced rate which would allow us to cash out and them the opportunity to earn some easy money while holding the properties.For example: Say if we wait, we will sell the properties for $1M.

We are trying to put down 20%(50k) and yes you are right, with the current interest rates it would be either break even or Negative cash flow.

The appreciation on rent and property values is going to be below the rate of inflation. 

Hey Ian, there is an investor who can get the job done, the rates a bit higher though.