You can also ask for support of the offer, there maybe something that one side is missing that is distorting the perceived value. 

The reason why many may like multi-family is the higher ROI, or in some cases the perceived potential ROI than Single Family Homes. 

It's the perceived risk.  

Rather, I would look for opportunities that provide the what you perceive to be the best potential return on your capital.    

I see lots at what I perceive to be 1%-1.5%.

Someone could get upset about it, maybe call your real estate broker, if you are using one, and complain about the lack of perceived ethics or courtesy, but they really can't do much about it.I lost a deal similar to this.

Had I put a price on it of, say, $695.00, it probably would have sold much better as the "student" or "investor" would then perceive value with the information.

They are losing what they perceived to be 6 feet of their lawn without any compensation (the state always had the right away but just never used it, so "legally" they aren't losing anything.)

Some underwriters will be comfortable doing things like this, and others will want extra documentation on deals they perceive as "risky."

But so many are talking about "flipping" these days and I think there is legitimate concern when an investor is using this vocabulary that even if they hold over a year there is a risk of them being perceived as dealers not holding property for productive use.As with most everything these days, due to the relatively few number of audits there isn't a great bank of case law yet on "flippers" who hold property over a year.