Any home is worth what a willing buyer and seller agree to.In a strong seller's market like we have here in MA, here are a few tips to get your offer accepted.1.

Asking price: 319k Accepted offer 319k with 7k in concessions for closing.Financing: Traditional loan with a mortgage broker 5% down 95% LTV. 

Things have really been heating up in this market for SFH's, and I have had a bunch of offers not get accepted.

These two and lower are perfectly acceptable as rental areas.

LOL.. figured with my Tesla I have no gas.. and I get bored sometimes so I though maybe I give folks a ride around and socialize a little. .. but then when I read the fine print that I had to accept dogs.. that was a no go in Oregon they would be wet and smelly and muddy.. so my lyft career never lyfted off LOL.. on a side note.. one gig I like that is real estate related for those looking for extra money is that of a transaction coordinator realtors really rely on those folks and you don't have to drive anywhere  computer great scanner and some skills.. my wife pays her 400.00 a file.. and she closed over 30 files last year.. so that's just one realtor and her coordinator has many realtors I bet she makes well over 100k a year from her home.. ( now she is very good I want to emphasize that ) 

You can either use the law as your guide or pay the price for flying by the seat of your pants and accepting greater risks than are necessary.

In addition to finding out the values of other properties in the area, the only way you'll be able to get an 80% offer accepted is if the property needs some work or is distressed to some degree.

Obviously you would have to figure out weather or not the income to expense ratio is acceptable and makes realistic sense. 

Am I crazy to accept a little lower CoC in order to get into the area which I believe has tremendous momentum and growth for the foreseeable future?

I have an accepted offer from a seller for a triplex and owner financing.