I am nervous that I am seeing the same pattern here in Denver.

A typical pattern is to acquire a bunch of properties, increase leverage if you get appreciation and then sell when you get into trouble. 

I would have offered 65 k 70kAnyway, I'm in a holding pattern for the moment.

The first "spike" is usually following the first wave of migration pattern that occured in 2019.I am closely watching too if there's second wave out of migration from CA this year as the number of layoffs are gigantic.

Ideally, at some point the two of you have (or will) established a working pattern and expectation.

All you have to do is lay a price filter over the map on any real estate site - you'll see the pattern!

@Chris G.Your fact pattern raises a lot of issues.

The typical pattern is that they do good for a few cleanings, and then start falling off of the wagon.  

My analytical CPA mind works in steps, sequences, checklists or patterns.

Not to mention the fact that pre-covid we were already seeing migration patterns from California to Texas and New York to Florida, for example.