I initially offered $200K in cash, but the seller countered at $240K.

. - Many of the Renter's Insurance policies do offer limited damage protection to owner, so it may be a good business decision for an owner to pay while tenant being evicted.Property managers CANNOT get liability insurance on a property they have no ownership interest in.

What can happen is PMC 2 charge you 4%, but when an offer comes in they may have to negotiate with you to include the other agent's commission in the sales price, which may cost you depending on what the property appraises for.

@dhiren, if you were just starting out (I have an offer on my first investment) how would you suggest first setting up your business to minimize fees down the road?

Based on the below information, what would you be offering for these?

When making offers I want to utilize the standard 70%-ARV-Profit formula.

I've found that Louisville offers some nice pockets.  

I would also ask them about cash for keys since I would initially offer the tenant this. 

PM me you're number if you'd like.I don't have any "opportunities" or property for sale or rent at this time or anything else to offer other than info based on my experience.

For example, the insurance company offers you $100k.