Cut your losses counter offer and settle unless the amount is absurd.One of my lawsuits ran $150,000 in legal fees because I wouldn't settle for $2,000,000.

A 6% seller concession sounds high, so reduce that or raise the price in your counter offer if an appraisal will support it.

How do you suggest we counteroffer to ensure we're covered in case there are any appraisal issues or financing?

Jay -The seller presented me a signed counter offer and my professional JOB is to submit over any documents to my clients as soon as possible.  

Alternatively, you may receive a counteroffer on the rent amount and be asked to either accept or deny.If you are unsure about the items needed for the initial inspection, I suggest asking the housing authority for a checklist.

Hey BP family,I am new to real estate investing but would love some experts insights so I don't get burned on my first dealThis is the property: https://www.zillow.com/homedetails/724-N-22nd-Ave-Bozeman-MT...My thoughts are my wife, 8 month old and I could live in Unit A for a year or two while we rent out Units B & C to help cover the mortgage payments until we build/buy a more desirable family ranch home with min 10+ acres which we've been looking for but have yet to find.My hesitation is I've never been a landlord and am reluctant to get in over my head with property problems while simultaneously growing an online business and being a new father.After some negotiation we counter offered 895k with a 2-1 rate buy down for 20k and the sellers have verbally accepted but since our offer expired we need to resubmit.

Furthermore, you can't get a counter offer to an imaginary offer, and sometimes the counter offer can be surprisingly workable. 

During this period, HUD can and will receive counter offer bids from all unsuccessful bidders, as well as other bids from first-time bidders.

They may counteroffer or request modifications to the conditions outlined.Documentation: Ensure all parties sign and agree to the terms of the offer in writing.

They accepted his counter offer of.....................$3000!!!!